2950 W. GOLF: May Use Bobs LLC Cash Collateral Until March 31-------------------------------------------------------------Judge Jack B. Schmetterer of the U.S. Bankruptcy Court for theNorthern District of Illinois has entered an interim orderauthorizing 2950 W. Golf, LLC to use the cash collateral of BobsLLC from March 1 through March 31, 2018, in conformity with thebudget.

The Budget provides total proposed expenditures totaling $41,200,but the costs on fire safety construction ($26,983) has beenremoved from the budget, which will be subject to a hearing set forMarch 22, 2018.

2950 W. Golf, LLC, is a privately held company based in RollingMeadows, Illinois. The Company is the record owner of the realproperty commonly known as 2950 West Golf Road, Units 1, 2 and 3,Rolling Meadows, Illinois ("Convention Center") -- a 144,000 squarefoot multi-function entertainment facility.

2950 W. Golf filed a Chapter 11 petition (Bankr. N.D. Ill. Case No.17-36643) on Dec. 11, 2017. In the petition signed by MadanKulkarni, manager, the Debtor estimated both assets and liabilitiesat $1 million to $10 million. The case is assigned to Judge JackB. Schmetterer. Jonathan D. Golding, Esq., at the Golding LawOffices, P.C., is the Debtor's counsel.

550 SEABREEZE: Taps Genovese Joblove as Legal Counsel-----------------------------------------------------550 Seabreeze Development LLC seeks approval from the U.S.Bankruptcy Court for the Southern District of Florida to hireGenovese Joblove & Battista, P.A., as its legal counsel.

The firm will advise the Debtor regarding its duties under theBankruptcy Code; negotiate with creditors; give advice regardingany financing arrangement or sale of its assets; assist in thepreparation of a plan of reorganization; and provide other legalservices related to its Chapter 11 case.

Prior to the Genovese Joblove received retainers in the totalamount of $270,000, of which $92,011.95 was used to pay itspre-bankruptcy fees and expenses. The firm holds a post-petitionretainer in the sum of $177,988.

Paul Battista, Esq., a shareholder of Genovese Joblove, disclosedin a court filing that his firm is a "disinterested person" asdefined in section 101(14) of the Bankruptcy Code.

550 Seabreeze Development LLC is a general contractor located inFort Lauderdale, Florida. It is a single asset real estate (asdefined in 11 U.S.C. Section 101(51B)). The company filed as aFlorida limited liability in Florida in September 2003.

A HELPING HAND TOO: Taps Rosie Harper as Accountant---------------------------------------------------A Helping Hand Too, LLC, seeks approval from the U.S. BankruptcyCourt for the Western District of Louisiana to hire an accountant.

The Debtor proposes to employ Rosie Harper, a certified publicaccountant, to prepare monthly reports that it is required to filewith the Department of Health and Hospitals.

Ms. Harper will be paid on a monthly basis for routine accountingwork in preparation of the monthly reports.

In a court filing, Ms. Harper disclosed that she does not representany interest adverse to the Debtor.

A Helping Hand Too sought protection under Chapter 11 of theBankruptcy Code (Bankr. W.D. La. Case No. 17-31512) on Sept. 12,2017. In its petition signed by Cynthia Welch, co-owner, theDebtor disclosed less than $50,000 in assets and less than $500,000in liabilities. James W. Spivey II is the Debtor's bankruptcycounsel.

AFFORDABLE ENTERPRISES: Capital Management Agreement Has Final Okay-------------------------------------------------------------------Judge Robert D. Drain of the U.S. Bankruptcy Court for the SouthernDistrict of New York authorized Affordable Enterprises ofWestchester, Inc. to enter into the Management Agreement withCapital Industries Corp., on a final basis pending closing on thesale transaction, in connection with the sale of all assets for$570,000.

The sale is free and clear of any and all liens, claims orencumbrances and interests. The Assets are being sold and/orassigned "as is" and "where is" without any representation,covenant, guaranty or warranty of any kind or nature, whatsoeverexcept as expressly stated in the Asset Purchase Agreement.

The Debtor is authorized to consummate the Sale Transactionpursuant to and in accordance with the terms and conditions setforth in the Sale Motion, the APA, as modified in the Order, andthe Order.

The Debtor is authorized and directed to pay, at Closing, from thenet sale proceeds (after applying the Closing Adjustment), to WKFinancial Group the sum of $38,860 in full and final satisfactionof its liens and secured claims with respect to the Debtor's two2001 Peterbilt 357 Tri Axle Roll Off trucks which are part of theAssets being conveyed to the Purchaser under the APA.

The Sale Transaction does not amount to a consolidation, merger orde facto merger of the Purchaser and the Debtor and/ or theDebtor's estate, there is not substantial continuity between thePurchaser and the Debtor, there is no continuity of enterprisebetween the Debtor and the Purchaser, the Purchaser is not a merecontinuation of the Debtor or its estate, and the Purchaser doesnot constitute a successor to the Debtor or the Debtor's estateincluding for purposes of any liabilities, debts or obligations ofor requirement to be paid by the Debtor for any tax, pension,labor, employment or other law, rule or regulation, or under anyproducts liability law or doctrine with respect to the Debtor'sliability under such law, rule, regulation or doctrine.

The Lease is deemed rejected under section 365 of the BankruptcyCode, effective upon entry of the Order.

Notwithstanding anything to the contrary in Bankruptcy Rules 6004or 6006, the Order will not be subject to the 14-day stay providedfor in such Rules, for cause, and will be effective and enforceableimmediately upon its entry.

The Order is a final order within the meaning of 28 U.S.C. Section158(a). The Purchaser is authorized to file a copy of the Order inany filing office. The Order will be sufficient to evidence thetermination of any Lien against the Assets of the Debtor conveyedpursuant to the Order and the APA.

About Affordable Enterprises

Affordable Enterprises of Westchester, Inc., is fully licensed andinsured carting and sanitation company and a member in goodstanding with the Better Business Bureau. It services all ofWestchester, Putnam and Rockland counties, as well as the fiveboroughs of New York City. Approximately 75% of its customers arecontractors and management companies, with the remaining 25%belonging to residential customers. Commercial services fall intobroad categories including commercial roofing replacement, wholehouse renovation, and garbage demolition. Residential servicesinclude garage cleanouts, bathroom and kitchen remodels, basementand attic cleanout and deck or siding removal.

AKC ENTERPRISES: Has Final Approval to Use Cash Collateral----------------------------------------------------------The Hon. Kathy A. Surratt-States of the U.S. Bankruptcy Court forthe Eastern District of Missouri authorized AKC Enterprises, Inc.interim and final use of cash collateral.

The Debtor is currently indebted to New Frontier Bank in theappropriate sum of $1,067,000 as evidenced by certain promissorynotes. New Frontier Bank has a pre-petition lien on substantiallyall of the Debtor's assets including accounts, inventory,equipment, improvements, and proceeds thereof, pursuant to aSecurity Agreement and certain Uniform Commercial Code FinancingStatements.

As adequate protection for use of its cash collateral, New FrontierBank will have a first priority replacement lien in anypre-petition assets of Debtor's estate which were subject to NewFrontier Bank's lien, whensoever acquired pursuant to theprovisions of 11 U.S.C. Section 552. The Debtor further grants NewFrontier Bank a lien in all post-petition assets of Debtor from andafter the Petition Date to the same extent, validity, priority,perfection and enforceability as its interest in any pre-petitionassets of Debtor's estate.

The replacement liens granted in this Order will be subject only tothe carve-out, consisting of: (i) the allowed professional fees andexpenses of Debtor's bankruptcy counsel not to exceed $25,000 to bepaid as ordered by the Bankruptcy Court and only to the extent soordered and (ii) the payment of quarterly fees required to be paidpursuant to 28 U.S.C. Section 1930(a)(6).

The Debtor is required at all times maintain a policy of propertyand casualty insurance in an amount equal to the value of all ofits assets.

AKC Enterprises, Inc., doing business as Little Hills Winery, doingbusiness as Little Hills Restaurant, doing business as Little HillsWine Shop, is a locally owned and operated wine producer in SaintCharles, Missouri. Its wines are made from French/AmericanHybrids, German/American Hybrids and Native Missouri Grapes. TheCompany harvests grapes purchased from Missouri Grape Growers andsome Illinois Grape Growers. It also produces its fruit wines fromfruit purchased from local suppliers. The company --https://www.littlehillswinery.com/ -- now produces 16 to 18 winesdepending on the time of year, designated and paired with its menuserved at its restaurant. The Restaurant offers banquets,catering, and delivery (Grubgo.com) services. The Restaurantaccommodates 300 persons on its terraces and 100 inside itsbuilding. The company's Little Hills Wine Shop is located at 710 S.Main Street, just two blocks South of the Restaurant. The Shopfeatures Little Hills Wines and many other Missouri Made Wines.

AKC Enterprises filed a Chapter 11 petition (Bankr. E.D. Mo. CaseNo. 18-40472) on Jan. 29, 2018. In the petition signed by DavidCampbell, president, the Debtor disclosed $1.20 million in assetsand $1.57 million in liabilities. Thomas H. Riske, Esq., atCarmody MacDonald P.C., serves as bankruptcy counsel to the Debtor. An official committee of unsecured creditors has not yet beenappointed in the Chapter 11 case of AKC Enterprises.

ALPHATEC HOLDINGS: Lowers Net Loss to $2.3 Million in 2017----------------------------------------------------------Alphatec Holdings, Inc., filed with the Securities and ExchangeCommission its annual report on Form 10-K reporting a net loss of$2.29 million on $101.73 million of revenues for the year endedDec. 31, 2017, compared to a net loss of $29.92 million on $120.24million of revenues for the year ended Dec. 31, 2016.

As of Dec. 31, 2017, Alphatec Holdings had $84.66 million in totalassets, $111.31 million in total liabilities and a totalstockholders' deficit of $26.65 million.

The Company used net cash of $8.7 million from operating activitiesfor the year ended Dec. 31, 2017. During this period, net cashused in operating activities consisted of i) the Company's net lossadjusted for non-cash adjustment, including the $12.0 million gainfrom change of fair value of warrants, $7.5 million of depreciationand amortization expenses, $3.9 million of share basedcompensation, and $2.5 million of inventory reserve expenses, andii) changes in carrying amounts of operating assets andliabilities, primarily a decrease of $9.5 million in long termliabilities, a decrease of $6.2 million in accrued expenses and adecrease of $4.2 million in accounts receivable.

The Company used cash of $6.5 million in investing activities forthe year ended Dec. 31, 2017, primarily for the purchase ofsurgical instruments of $7.6 million, net of $1.1 million of cashreceived from sale of instruments.

Financing activities provided net cash of $17.8 million for theyear ended Dec. 31, 2017, primarily attributable to our 2017Private Placement, which provided net cash proceeds of $17.1million, and issuance of common stock to certain board of directorsfor $3.7 million, exercise of warrants issued in its 2017 PrivatePlacement of $3.3 million and issuance of common stock under theEmployee Stock Purchase Plan of $0.2 million. Under the MidCapAmended Credit Facility, the Company made net payments of $2.2million during the year ended Dec. 31, 2017. The Company also madeprincipal payments on notes payable and capital leases totaling$4.4 million in the year ended Dec. 31, 2017.

Liquidity and Capital Resources

The Company has incurred significant net losses since inception andrelied on its ability to fund its operations through revenues fromthe sale of its products, debt financings and equity financings,including our private placement in March 2017. As the Company hasincurred losses, a successful transition to profitability isdependent upon achieving a level of revenues adequate to supportits cost structure.

At Dec. 31, 2017, the Company's principal sources of liquidityconsisted of cash of $22.5 million and accounts receivable, net of$14.8 million. The Company believes that its current availablecash, combined with proceeds from March 2018 Private Placement anddraws on its revolving credit facility, will be sufficient to fundits planned expenditures and meet its obligations for at least 12months following its financial statement issuance date.

On March 8, 2018, the Company completed a $39.7 million first closeof a $45.2 million private placement of its securities to certaininstitutional and accredited investors, including certain directorsand executive officers of the Company. The second close of theprivate placement is expected to occur within five business days. The private placement was led by L-5 Healthcare Partners, aninstitutional investor, and provides for the sale by the Company ofapproximately 14.3 shares of newly created Series B ConvertiblePreferred Stock, which are automatically convertible intoapproximately 14.3 million shares of common stock (representing apurchase price of $3.15 per common share), upon approval byAlphatec's stockholders, as required in accordance with the NASDAQGlobal Select Market rules. Purchasers also received warrants topurchase up to approximately 12.2 million shares of common stock atan exercise price of $3.50 per share. In addition, the Companyentered into an agreement with Armistice Capital, an existinginvestor, to exercise 2.4 million warrants to purchase commonshares for gross proceeds of $4.8 million in exchange for warrantsto purchase up to 1,800,000 shares of common stock at an exerciseprice of $3.50 per share. The new warrants will be exercisablefollowing approval by Alphatec stockholders, and will expire 5years from the date of such stockholder approval. Certaindirectors and executive officers of Alphatec agreed to purchase anaggregate of $6.4 million of shares of Series B ConvertiblePreferred Stock, which shares are convertible into approximately2.1 million shares of common stock (representing a purchase priceof $3.15 per common share), and warrants to purchase up to 1.7million shares of common stock at a price of $3.50 per share. TheCompany paid $15 million of the net proceeds from the privateplacement fund the cash purchase price for SafeOp, and will use theremaining net proceeds for working capital and general corporatepurposes, including the integration of next-generationneuromonitoring solutions, advancement of its product pipeline, andinvestment in sales and marketing to expand our market presence.

"We may seek additional funds from public and private equity ordebt financings, borrowings under new or existing debt facilitiesor other sources to fund our projected operating requirements. However, there is no guarantee that we will be able to obtainfurther financing, or do so on reasonable terms. If we are unableto raise additional funds on a timely basis, or at all, we wouldbe materially adversely affected.

"A substantial portion of our available cash funds is held inbusiness accounts with reputable financial institutions. At times,however, our deposits, may exceed federally insured limits and thuswe may face losses in the event of insolvency of any of thefinancial institutions where our funds are deposited. We did nothold any marketable securities as of December 31, 2017."

A full-text copy of the Form 10-K is available for free at:

https://is.gd/bvdT9p

About Alphatec Holdings

Carlsbad, California-based Alphatec Holdings, Inc., through itswholly-owned subsidiary of Alphatec Spine, Inc. --http://www.alphatecspine.com/-- is a medical device company that designs, develops and markets spinal fusion technology products andsolutions for the treatment of spinal disorders associated withdisease and degeneration, congenital deformities and trauma. TheCompany's mission is to improve lives by providing innovative spinesurgery solutions through the relentless pursuit of superioroutcomes. The Company markets products in the U.S. via independentsales agents and a direct sales force.

AMADO SALON DE BELLEZA: Taps Justiniano's Law Office as Attorney----------------------------------------------------------------Amado Salon De Belleza Inc. seeks authority from the United StatesBankruptcy Court for the District of Puerto Rico (Old San Juan) tohire Gloria M Justiniano Irizarry, Esq. and Justiniano's Law Officeas attorneys.

Services to be rendered by Ms. Justiniano are:

-- examine documents of the Debtor and other necessaryinformation to submit schedules and Statement of FinancialAffairs;

-- prepare the Disclosure Statement, Plan of Reorganization,records and reports as required by the Bankruptcy Code and theFederal Rules of Bankruptcy Procedure;

Based in Guaynabo, Puerto Rico, Amado Salon De Belleza Inc. filed aChapter 11 petition (Bankr. D.P.R. Case No. 14-10460) on Dec. 23,2014. The case is assigned to Judge Edward A. Godoy. At the timeof filing, the Debtor disclosed $488,861 in total assets and $1.38million in total liabilities. The Debtor is represented by GloriaM. Justiniano at Justiniano's Law Office as counsel.

AMERICAN AXLE: Fitch Rates Proposed $350MM Sr. Unsec. Notes BB----------------------------------------------------------------Fitch Ratings has assigned a rating of 'BB-'/'RR4' to American Axle& Manufacturing, Inc.'s (AAM) proposed issuance of $350 million insenior unsecured notes due 2026. AAM is the principal operatingsubsidiary of American Axle & Manufacturing Holdings, Inc. (AXL).The Long-Term Issuer Default Ratings (IDRs) for AXL and AAM are'BB-', with a Stable Outlook. The recovery rating of 'RR4' on AAM'ssenior unsecured notes reflects Fitch's expectations of averagerecovery prospects in the 31%-50% range in a distressed scenario.

AAM intends to use the proceeds from its proposed notes, along withcash-on-hand, to redeem its $400 million in 6.25% senior unsecurednotes due 2021.

KEY RATING DRIVERS

AXL's ratings reflect the auto supplier's strong margins and theincreased scale and diversity of its book of business following itsacquisition of Metaldyne Performance Group Inc. (MPG) in April2017, set against a backdrop of significantly increasedpost-acquisition leverage. Following the acquisition, the breadthof AXL's product offerings increased, with the company addingpowertrain components and metal castings to its existing drivelineand metal-formed products. More importantly, AXL has diversifiedits customer base, with sales to General Motors Company (GM) nowcomprising less than half of the company's revenue, down from 68%in 2016. The acquisition has also increased the geographicdiversification of the company's business, in particular byproviding AXL with a larger presence in Europe than it previouslyhad.

In addition to the benefits of the acquisition, AXL continues towork on the new driveline technologies that it had been developingprior to the acquisition, in order to diversify its business awayfrom its traditional driveline products for light-duty trucks.These products include the EcoTrac disconnecting all-wheel drive(AWD) system for passenger cars and crossover utility vehicles(CUVs) and the e-AAM electric drive system for electric and hybridvehicles. The latter system will be used to provide the motivepower for an upcoming electric CUV, and the company recentlyannounced that another manufacturer has chosen it for use in ahybrid passenger car. AXL also continues to develop its QUANTUMlightweight driveline products for passenger cars and lighttrucks.

Despite the increased diversification, Fitch continues to haveseveral rating concerns. Notably, despite its enhanceddiversification, AXL remains heavily exposed to the North Americanlight truck market, particularly with GM, making it sensitive toany changes in that company's light-truck production. This riskwill be heightened in the near term as GM is in the process ofintroducing entirely new full-size trucks and SUVs over the nextseveral years. The light-duty driveline market is alsocharacterized by heavy competition, which is likely to persistgoing forward. A few other suppliers offer driveline technologiessimilar to AXL's, and some auto manufacturers produce their owndriveline components in-house. Also, although AXL is increasing itsexposure to electrified vehicles, it remains a small player in thatmarket, and some of its powertrain products could see a decline indemand over time as vehicle electrification becomes morewidespread.

Fitch expects gross EBITDA leverage (debt/Fitch-calculated EBITDA)to decline to the low-3x range by year-end 2018 and to the high-2xrange by year-end 2019. Fitch expects funds from operations (FFO)adjusted leverage to decline to the high-3x range by year-end 2018and the low-3x range by year-end 2019. At year-end 2017, AXL had$4.1 billion in debt, resulting in EBITDA leverage of 3.5x and FFOadjusted leverage of 4.7x, although both leverage figures wereelevated as they included only about nine months of MPG's EBITDAand FFO.

Fitch expects AXL to produce solidly positive FCF over theintermediate term, with FCF margins generally running in the low-to mid-single-digit range. FCF in the LTM ended Dec. 31, 2017 was$156 million, equal to a 2.5% FCF margin. However, this was lowerthan the expected long-term run rate due to cash expenses tied tooperational restructuring and merger integration activities, aswell as elevated capital spending that was 7.8% of LTM revenue. FCFin the period also included only nine months of MPG-related FCF.

DERIVATION SUMMARY

AXL has a relatively strong market position focusing primarily onlight vehicle driveline and powertrain components. It also has astrong competitive position manufacturing castings and metal-formedparts. AXL's revenue roughly doubled following its acquisition ofMPG, but at about $7 billion on an annual basis, it remainsmoderately sized compared with the global auto supplier base.However, it is now similar in size to Dana Incorporated, which isone of AXL's primary competitors. Leverage following the MPGacquisition is elevated relative to other 'BB'-category autosuppliers, including Dana, Tenneco Inc. (BB+/Stable), DelphiTechnologies PLC (BB/Stable) and The Goodyear Tire & Rubber Company(BB/Stable). Partially mitigating concerns over AXL's leverage areits profitability and FCF performance, with expected long-termEBITDA margins in the high-teens and FCF margins in themid-single-digits. Both measures are relatively strong for therating category and for auto suppliers, in general. AXL remainsfocused on leverage reduction, and Fitch expects the company willuse available FCF to reduce debt over the next several years.

KEY ASSUMPTIONS

Fitch's key assumptions within its rating case for the issuerinclude:

-- U.S. light vehicle sales plateau in the mid-16 million to low- 17 million unit range for the next several years, while global

sales continue to rise modestly in the low-single-digit range;

-- EBITDA margins remain strong, in the 17% to 18% range, over the next several years;

-- Capital spending runs at about 8% of revenue in 2018, then trends toward 6% over the next several years;

Fitch expects AXL's liquidity to remain adequate over theintermediate term. As of Dec. 31, 2017, AXL had $377 million inconsolidated cash and cash equivalents, augmented by $866 millionof availability on its $900 million secured revolver (afteraccounting for $34 million in letters of credit backed by thefacility). Fitch estimates that about 76% of the company's cash andcash equivalents were located outside the U.S. at Dec. 31, 2017.

Based on its criteria, Fitch treats a portion of non-U.S. cash, aswell as and cash needed to cover seasonal needs and otherobligations, as "not readily available" for purposes of calculatingnet metrics. Fitch had previously treated all non-U.S. cash as "notreadily available". However, with the passage of the U.S. Tax Cutsand Jobs Act, going forward, Fitch will treat the portion ofnon-U.S. cash needed to cover repatriation taxes as "not readilyavailable". In its forecasts, Fitch has treated $92 million ofAXL's consolidated cash as "not readily available", which isFitch's estimate of cash needed to cover both seasonality and therepatriation tax.

AMERICAN AXLE: Moody's Rates New $350MM Senior Unsecured Notes B2-----------------------------------------------------------------Moody's Investors Service assigned a B2 rating to American Axle &Manufacturing, Inc.'s (American Axle) proposed $350 millionissuance of senior unsecured notes. The net proceeds from thenotes, together with cash on hand, are expected to be used to fundthe announced tender offer for the full amount of the 6.25% $400million Senior Notes due 2021 (the "2021 Notes"). American Axle'sexisting ratings, including B1, Corporate Family Rating; Ba2,senior secured rating; and B2 senior unsecured rating remainunchanged. The rating outlook is stable.

Rating Assigned:

American Axle & Manufacturing, Inc.:

B2(LGD5) to the proposed $350 million senior unsecured guaranteednotes due 2026.

RATINGS RATIONALE

Moody's considers the transaction to be credit positive as itshould modestly improve American Axle's debt/EBITDA leverage toabout 3.7x (inclusive of Moody's standard adjustment and pro formafor 9 months of MPG) from 3.8x. The transaction, as contemplated,supports management's commitment to debt reduction. While thetransaction reduces American Axle's cash balances to a pro formalevel of $312 million at year-end 2017, the remaining cash balance,availability under the $900 million revolving credit facility, andexpected positive free cash flow over the next 12-15 months areanticipated to continue to support the SGL-2 Speculative GradeLiquidity rating. The transaction also should support a modestlystronger interest coverage metrics going forward. See AmericanAxle's Credit Opinion published February 26, 2018.

A rating upgrade would require continued revenue and earningsgrowth, resulting in strong free cash flow to support debtreduction. Support for a positive rating action includes theexpectation of sustained EBITA/Interest coverage above 2.5x andDebt/EBITDA at below 3.0x, while maintaining a good liquidityprofile.

A downgrade could arise if industry conditions were to deterioratewithout sufficient offsetting restructuring actions or savings bythe company. A lower rating could result if EBITA/Interest isexpected to approach 1.5x, Debt/EBITDA above 4.5x, or if liquiditydeteriorates.

The principal methodology used in this rating was Global AutomotiveSupplier Industry published in June 2016.

ANDERSON SHUMAKER: Taps Amari & Locallo as Special Counsel----------------------------------------------------------Anderson Shumaker Company received approval from the U.S.Bankruptcy Court for the Northern District of Illinois to hireAmari & Locallo as special counsel.

The firm will be responsible for monitoring the real estate taxassessment for the years 2013 to 2017 and for the remainder of thecurrent triennial assessment period, according to its employmentagreement with the Debtor.

Under the agreement, if an assessment reduction is secured for morethan one year in the current triennial assessment period, the feewill be 16.67% of the total tax savings. If an assessmentreduction is secured for only one year, the fee will be 25% of theone year tax savings.

If a real estate tax refund is obtained because of an appeal filedbefore the Property Tax Appeal Board, a lawsuit in the CircuitCourt or a certificate of error at the local assessor, the Debtorwill pay a contingency fee equal to 33.33% of the total amountrefunded.

Anthony Farace, Esq., a principal of Amari & Locallo, disclosed ina court filing that he and all partners and associates of the firmare "disinterested" as defined in section 101(14) of the BankruptcyCode.

Based in Chicago, Illinois, Anderson Shumaker Company provides opendie forgings and custom forgings in various shapes and finishesusing stainless steel, aluminum, carbon steel and various grades ofalloy steel.

Anderson Shumaker filed a Chapter 11 petition (Bankr. N.D. Ill.Case No. 17-05206) on Feb. 23, 2017. In the petition signed by CEORichard J. Tribble, the Debtor estimated $1 million to $10 millionin assets and $10 million to $50 million in liabilities.

On March 9, 2017, the Office of the U.S. Trustee appointed anofficial committee of unsecured creditors. Freeborn & Peters LLPis the Committee's legal counsel.

ANTHEM MEMORY: In Talks with Landlord to Extend Forbearance-----------------------------------------------------------LTC Properties, Inc., disclosed in a recent regulatory filing withthe Securities and Exchange Commission that during the 2017 secondquarter, it issued a default notice on the Anthem Memory Caremaster lease.

According to LTC, "During the second quarter of 2017, we issued anotice of default on a master lease covering one property underdevelopment and ten additional operational memory care communitiesresulting from lessee’s partial payment of minimum rent. Inconjunction with our negotiations to transition two of theoperational properties to another operator in our portfolio, wewrote off $1.9 million of straight-line rent and other receivablesrelated to these two properties during the second quarter of 2017.Subsequently, we agreed to leave these two properties in thisportfolio. During the year ended December 31, 2017, we entered intoa forbearance agreement with our lessee whereby we have agreed notto pursue enforcement of our rights and remedies pertaining toknown events of default under the master lease and our guaranteesthrough December 31, 2017, with the stipulation that the lessee pay$0.4 million per month toward their obligations of the master leasethrough December 31, 2017. For fiscal 2018, we anticipate receivinga minimum of $5.2 million of cash rent for these 11 properties."

The Company added: "We are currently negotiating the terms andlength of a further forbearance agreement with Anthem Memory Care.We will continue to explore our options which may includetransitioning some or all of the properties from Anthem Memory Careto another operator and/or a possible sale of some or all of theproperties."

ASCENT RESOURCES: Hires D.R. Payne as Financial Consultant----------------------------------------------------------Ascent Resources Marcellus Holdings, LLC, and its debtor-affiliatesseek authority from the U.S. Bankruptcy Court for the District ofDelaware to employ D.R. Payne & Associates, Inc., as financialconsultant to the Debtors.

Ascent Resources requires D.R. Payne to:

a. assist in the preparation of financial related disclosures required by the Court, including but not limited to Schedules of Assets and Liabilities, Statements of Financial Affairs and Monthly Operating Reports;

b. assist with information and analysis required by first day motions;

c. assist with the identification of executory contracts and leases of cost/benefit evaluations with respect to the affirmation or rejection of each;

f. assist in the preparation of information and analysis requested by the debtors' counsel and financial advisors/bankers necessary for the confirmation of a plan of reorganization in these chapter 11 cases, including information contained in the plan and disclosure statement;

g. render such other general business consulting or such other assistance management or counsel may deem necessary and consistent with the role of a financial consultant to the extent that it would not be duplicative of services provided by other professionals.

As of the Petition Date, D.R. Payne held a balance of $75,000 as aretainer. During the 90-day period prior to the Petition Date, D.R.Payne received approximately $99,464 from the Debtors forprofessional services performed and expenses incurred.

D.R. Payne will also be reimbursed for reasonable out-of-pocketexpenses incurred.

David R. Payne, managing director of D.R. Payne & Associates,assured the Court that the firm is a "disinterested person" as theterm is defined in Section 101(14) of the Bankruptcy Code and doesnot represent any interest adverse to the Debtors and theirestates.

ATLANTIC FABRICATION: Taps Polston as Tax Accountant----------------------------------------------------Atlantic Fabrication & Design LLC seeks approval from the U.S.Bankruptcy Court for the Western District of Oklahoma to hirePolston Tax Resolution & Accounting as its tax accountant.

The firm will provide tax preparation and payroll services to helpthe Debtor meet its obligations to the Internal Revenue Service andOklahoma Tax Commission regarding tax filings.

Polston will be paid a monthly fee of $285 and an initial retainerin the sum of $2,700.

Whitney Craig, a certified public accountant and director ofPolston, disclosed in a court filing that the firm is a"disinterested person" as defined in section 101(14) of theBankruptcy Code.

Based in Oklahoma City, Oklahoma, and founded in 2007, AtlanticFabrication & Design LLC provides mechanical and weldingfabrication services that range from small equipment change out tothe installation of large systems. Atlantic Fabrication is an ASME"U" Stamp certified pressure vessel manufacturer. The Company alsocarries an NBIC "R" Stamp which covers the repair of pressurevessels, boilers, and steam piping systems.

Atlantic Fabrication & Design LLC filed a Chapter 11 petition(Bankr. W.D. Okla. Case No. 17-14891) on Dec. 4, 2017. In thepetition signed by Paul D. Stitt, its member manager, the Debtordisclosed $2.02 million in assets and $1.98 million in liabilities.

AXIS ENERGY: Hires Reynolds Law Corp as Attorney------------------------------------------------Axis Energy Partners, LLC, seeks authority from the U.S. BankruptcyCourt for the Eastern District of California (Sacramento) to hireStephen M. Reynolds as its attorney.

Professional services to be rendered by Mr. Reynolds are:

a. prepare and file complete schedules and statements insupport of relief under Chapter 11 of the United States Code;

b. advise and represent the Debtor within the present Chapter11 case;

c. obtain employment of professionals as necessary for theproper administration of the estate and case;

d. obtain court authority for the use of cash collateral;

e. communicate with and negotiate as necessary with thecreditors and other parties of interest in this case;

f. obtain court authority for any and all actions necessary tothe administration of the estate, including funding;

g. propose and obtain confirmation of a Plan ofReorganization;

h. provide all other actions necessary for the properadministration of the estate; anf

Keen shall provide Company with a desktop evaluation of theProperties, in spreadsheet format, outlining Keen's estimate as tothe market rent of each Property. Keen’s valuation shall be basedupon an analysis of the market, review of lease abstracts and uponits exercise of its professional judgment.

Keen will be paid $20,000 for its report that will include no morethan 28 Properties.

Keen is disinterested within the meaning and intent of Section101(14) and Section 1107(b) of the Bankruptcy Code.

In the petitions signed by Robert E. Clawson, president, Bartlettestimated $1 million to $10 million in assets and $10 million to$50 million in liabilities.

The Hon. Mary P. Gorman presides over the cases.

Jonathan A Backman, Esq., at the Law Office of Jonathan A. Backman,serves as bankruptcy counsel to the Debtors. The Debtors alsohired Valenti Florida Management, Inc., as accountant and financialadvisor, Steven A. Nerger of Silverman Consulting, Inc., as chiefrestructuring officer.

On Jan. 8, 2018, the Office of the United States Trustee appointedan Unsecured Creditors' Committee in each of the three cases. OnJan. 19, 2018, counsel filed appearances on behalf of all threeCommittees. Goldstein & McClintock LLLP is representing theCommittees.

BAYWAY HAND: Trustee Taps Fox Rothschild as Special Counsel-----------------------------------------------------------Donald Conway, the Chapter 11 trustee for Bayway Hand Car WashCorp., seeks approval from the U.S. Bankruptcy Court for theDistrict of New Jersey to hire Fox Rothschild, LLP as specialcounsel.

The firm will provide legal services to the trustee in connectionwith the claims in the sum of $3.25 million filed by OfeliaSanchez, a creditor, in the Chapter 11 case of Jose Louis Vazquez,one of the jointly administered debtors.

The trustee had previously employed Riker Danzig Scherer Hyland &Perretti, LLP as special counsel. Sandra Fava, Esq., the attorneyat Riker who is handling the claims, left the firm and joined FoxRothschild.

By order dated May 28, 2014, the Bankruptcy Court directed theappointment of a Chapter 11 trustee for the Debtors. Donald F.Conway serves as the Chapter 11 trustee for the Individual Debtor. Donald V. Biase serves as the Chapter 11 trustee for the BusinessDebtors.

During the course of the bankruptcy cases, the Business Debtorshave ceased operating their car wash businesses. In August 2015,the Business Debtors' Trustee sold the car wash operations and realestate owned by Webster. In March 2016, the Business Debtors'Trustee closed the car wash operated by Harlem and the VazquezTrustee sold the real estate owned by the Individual Debtor fromwhich Harlem operated.

In March 2017, the Business Debtors' Trustee closed the car washoperated by J.V. and the Vazquez Trustee began to market for salethe Broadway Property from which J.V. operate.

By order dated May 28, 2014, the Bankruptcy Court directed theappointment of a Chapter 11 trustee for the Debtors. Donald F.Conway serves as the Chapter 11 trustee for the Individual Debtor. Donald V. Biase serves as the Chapter 11 trustee for the BusinessDebtors.

During the course of the bankruptcy cases, the Business Debtorshave ceased operating their car wash businesses. In August 2015,the Business Debtors' Trustee sold the car wash operations and realestate owned by Webster. In March 2016, the Business Debtors'Trustee closed the car wash operated by Harlem and the VazquezTrustee sold the real estate owned by the Individual Debtor fromwhich Harlem operated.

In March 2017, the Business Debtors' Trustee closed the car washoperated by J.V. and the Vazquez Trustee began to market for salethe Broadway Property from which J.V. operate.

BESTWALL LLC: Future Claimants' Rep Taps H&C as Local Co-Counsel----------------------------------------------------------------Sander Esserman, the proposed legal representative for futureclaimants of Bestwall LLC, seeks approval from the U.S. BankruptcyCourt for the Western District of North Carolina to hire Hull &Chandler, P.A.

Hull & Chandler will serve as local co-counsel with Young ConawayStargatt & Taylor LLP, another firm tapped by Mr. Esserman to beits counsel.

The firm's hourly rates for its attorneys range from $250 to $425. Paralegals charge $100 to $125 per hour. Felton Parrish, a memberof Hull & Chandler, charges an hourly fee of $425.

Mr. Parrish disclosed in a court filing that his firm is a"disinterested person" as defined in section 101(14) of theBankruptcy Code.

On Feb. 22, 2018, the court approved the appointment of Sander L.Esserman as the future claimants' representative in its case. Mr.Esserman tapped Young Conaway Stargatt & Taylor, LLP as his legalcounsel.

BK RACING: Taps Henderson Law Firm as Legal Counsel---------------------------------------------------BK Racing, LLC, received approval from the U.S. Bankruptcy Courtfor the Western District of North Carolina to hire The HendersonLaw Firm PLLC as its legal counsel.

The firm will advise the Debtor regarding its duties under theBankruptcy Code; assist in the preparation of a bankruptcy plan;and provide other legal services related to its Chapter 11 case.

James Henderson, Esq., a member of Henderson Law Firm and theattorney who will be handling the case, charges an hourly fee of$450. His assistant Virginia Harlan charges $85 per hour.

Henderson Law Firm received a $25,000 retainer from BRC Loans, LLC,an entity owned or controlled by Ronald Devine, the Debtor'sprincipal.

Mr. Henderson disclosed in a court filing that his firm is a"disinterested person" as defined in Section 101(14) of theBankruptcy Code.

BK Racing, LLC, is a Monster Energy NASCAR Cup Series Toyota Racingteam headquartered in Charlotte, North Carolina. The team wasfounded in 2012 after owners Ron Devine and Wayne Press acquiredRed Bull Racing.

BK Racing sought protection under Chapter 11 of the Bankruptcy Code(Bankr. W.D.N.C. Case No. 18-30241) on Feb. 15, 2018. In itspetition signed by Kathy Burch, power of attorney for managingmember Brenda Devine, the Debtor estimated assets and liabilitiesof $10 million to $50 million. Judge Craig J. Whitley presidesover the case.

BOB COOK COMPANY: Taps Gabriel Liberman as Legal Counsel--------------------------------------------------------Bob Cook Company LLC seeks approval from the U.S. Bankruptcy Courtfor the Eastern District of California to hire the Law Offices ofGabriel Liberman, APC, as its legal counsel.

The firm will provide legal services to help the Debtor execute itsduties under the Bankruptcy and implement the restructuringprocess.

The firm's hourly rates are:

Judith Whitman $350 Gabriel Liberman $275 Paraprofessionals $150

The Debtor paid Liberman $2,000, which included the filing fee of$1,717 prior to the petition date.

Liberman and its associates are "disinterested persons" as definedin section 101(14) of the Bankruptcy Code, according to courtfilings.

Bob Cook Company LLC is a privately-held company engaged inactivities related to real estate. The company owns in fee simplea single-family residence (4,348 square feet, four bedrooms, 2.5bath, built in 1991) located at 6416 Orange Hill Lane, CarmichaelCalifornia. The property has a comparable sale value of $1.39million.

Bob Cook sought protection under Chapter 11 of the Bankruptcy Code(Bankr. E.D. Cal. Case No. 18-20604) on Feb. 2, 2018. In itspetition signed by Robert A. Cook, managing member, the Debtordisclosed $1.39 million in assets and $966,798 in liabilities. Judge Robert S. Bardwil presides over the case. The Law Offices ofGabriel Liberman, APC, is the Debtor's legal counsel.

BUCK SPRINGS: Taps Maida Clark Law Firm as Legal Counsel--------------------------------------------------------Buck Springs, Inc., seeks approval from the U.S. Bankruptcy Courtfor the Eastern District of Texas to hire Maida Clark Law Firm,P.C. as its legal counsel.

The firm will advise the Debtor regarding its duties under theBankruptcy Code and will provide other legal services related toits Chapter 11 case.

The firm's hourly rates are:

Frank Maida $400 Tagnia Fontana Clark $300 Paralegal $60

Tagnia Fontana Clark, Esq., a partner at Maida Clark, disclosed ina court filing that she and her firm are "disinterested persons" asdefined in section 101(14) of the Bankruptcy Code.

Buck Springs, Inc. is a grocery company located in Jasper, Texas. Buck Springs sought protection under Chapter 11 of the BankruptcyCode (Bankr. E.D. Tex. Case No. 18-10059) on Feb. 21 2018. In itspetition signed by Robert Lee Shellhammer, president, the Debtorestimated assets and liabilities of less than $500,000. Judge BillParker presides over the case. Maida Clark Law Firm, P.C., is theDebtor's legal counsel.

CareView reported a net loss of $18.66 million in 2016 following anet loss of $16.35 million in 2015. As of Sept. 30, 2017, CareViewhad $14.32 million in total assets, $71.54 million in totalliabilities, and a total stockholders' deficit of $57.21 million.

a. The Debtors' properties will be sold in the following orderas set forth: (i) 7,9,13 Miry Brook Road aka Sugar Hollow Road;(ii) 25 Miry Brook Road (the Debtor owns a 75% interest, butunderstands the other 25% owner who is an insider would consent tothe sale provided they receive 25% of the net proceeds); (iii) 38Miry Brook Road; and (iv) 15 Miry Brook Road.

b. The Court will conduct the Auction of the Properties onApril 17, 2018 at 10 a.m. at the US Bankruptcy Court, 157 ChurchStreet, 18th floor, New Haven, CT with internet bidding and inCourt bidding with the Auction sale of these Properties serially inthe order set forth free and clear of all liens and interests withclosings to be conducted within 35 days (or within 21 daysthereafter to a Second Best Bidder) after approval of the sale ofany property as set forth. As the Auction will be staggered sothat each of the Properties is sold separately and in series in theorder set forth, if the total proceeds achieved after each sale atthe Auction are sufficient to address all allowed claims in thecase, the Debtors have the right to cancel all subsequent sales ofany remaining Properties at the Auction subject to Court approval.

d. The Highest Bidder is required to supplement its depositwithin 24 hours after the Auction is conducted, so that it has paidto the Debtors a total nonrefundable deposit in good funds equal to10% of the sum of the approved winning bid plus the 5% buyer'spremium and sign any necessary purchase and sale agreementsprepared by the Debtors. The balance of the approved winning bidwill be paid by the Highest Bidder in full upon closing, time beingof the essence. In addition to paying the approved winning bidamount to the Debtors at closing, the Highest Bidder will also beresponsible for and pay an additional fee, called a buyer'spremium, equal to 5% of the approved winning bid to and for thebenefit of AAR at closing, time being of the essence.

e. If the bid of a Bidder is deemed to be the second highestand best bid for a Property by the Court, that Bidder will bedeemed to be the Second Best Bidder, and Second Best Bid isirrevocable until 22 days after the date that the Highest Bidder isrequired to close (and the Second Best Bid may not be revoked ifthe Highest Bidder fails to close).

f. The Potential Bidder acknowledges that the Properties arebeing sold "as is, where is" without any representations orwarranties, and free and clear of liens, claims, encumbrances, andinterests.

g. Prior to the Auction, a deposit payable to the order ofZeisler & Zeisler, P.C., Trustee and delivered to 10 Middle Street,15th Floor, Bridgeport, CT 06604, Attn: Matthew K. Beatman, Esq.,203-368-4234, ext. 233 as escrow agent to be held (but notnecessarily deposited) by the Debtors' counsel, in an amount equalto the following based on the Property they intend to bid on: (i)7, 9 and 13 Miry Brook - $50,000; (ii) 25 Miry Brook - $25,000;(iii) 38 Miry Brook - $25,000; and 15 Miry Brook - $25,000. Notwithstanding these provisions, a Bidder on 25, 38 or 15MiryBrook Road need only post a single $25,000 Deposit to bid onany one of these Properties.

h. The following are the minimum bids that a Bidder must makefor each Property on which they intend to make a bid at theAuction:(i) 7, 9 and 13 Miry Brook - $1,100,000; (ii) 25 Miry Brook- $270,000; (iii) 38 Miry Brook - $300,000; and (iv) 15 Miry Brook- $160,000.

i. The minimum bid for each Property will not necessarily bethe highest and best amount that will be approved for the sale ofany Property as such amounts have been established to maximizecompetitive bidding. With respect to 7, 9 and 13 Miry Brook Road,the Court will approve the Highest Bid at the conclusion of theAuction that is greater than the minimum bid with the proceeds tobe paid at closing as follows: 11% of gross proceeds including theBuyer's Premium under $2 million will be carved out for the benefitof the Debtors' estate (i.e. conveyance taxes, allowedauctioneer/broker fees, closing costs, allowed attorneys' fees,U.S. Trustee's fees, etc. however, the Buyer's Premium will bepaid from the estate's carveout for this Property). For any amountreceived for this Property above $2.1 million, the carveout for theabove captioned estate will increase to 39.5% (to help pay forestimated federal and state taxes). If this Property sells for anamount high enough to satisfy all secured claims on the Property(after carveouts set forth herein) the remaining proceeds will beretained by the estate. After these carveouts, the proceeds wouldfirst be used to pay real estate taxes and then to secured claimson this Property (up to the allowed amount of such claims) in fullsatisfaction of its claims.

j. With respect to the Property located at 15 Miry Brook Road,the Debtors will sell that Property for the highest and best pricerealized from the Auction that exceeds the minimum bid for thatProperty.

k. The Debtors will ask approval of the Highest Bid and SecondBest Bid for the Properties located at 25 Miry Brook Road and 38Miry Brook Road only if they necessarily believe they are each inan amount sufficient to pay off in full the existing mortgage andliens on such Property pursuant to an updated payoff as of theestimated date of closing, and provide sufficient funds to payestimated income taxes associated with the sale, conveyance taxes,allowed broker fees, closing costs, allowed attorneys' fees relatedto the sale and Auction and U.S. Trustee's fees.

l. At the Auction, holders of allowed secured claims reservethe right to credit bid the amount of their allowed secured claimon the Property in which that claim is secured on, but such creditbid does not require the Debtors to ask approval of a sale of suchProperty in the amount of such credit bid. In the event theHighest Bid at the Auction on any property other than 7, 9, 13 MiryBrook Road is insufficient to pay all secured claims on thatProperty in full, said bid will be rejected and the Debtors will bedeemed to immediately consent to relief from the automatic stay toallow the secured creditor with an interest in the subject propertyto foreclose on said property but not to seek a deficiency judgmentagainst the Debtors without further order of the Court.

m. The Debtors are authorized to adopt such other rules forthe bidding process that will better promote the goals of thebidding process not inconsistent with the order of the Court.

n. Subject to the terms herein, the Debtors will be deemed tohave accepted a bid from the Auction only when the bid has beenapproved by the Bankruptcy Court as the Highest Bid and SecondHighest Bid at the hearing to approve the sale. The Debtors mayshare the reserve or strike price for 25 Miry Brook Road and 38Miry Brook Road with the U.S. Trustee immediately before theAuction if the U.S. Trustee requests. They have represented thatonly 25 and 38 Miry Brook Road have reserve or strike prices, withthe minimum bids and the carveouts on 7, 9 and 13 Miry Brook Roadsufficient to permit the sale for the highest and best offer abovethe minimum bid.

o. Sale Hearing: April 17, 2018 at 10:00 a.m.

p. Sale Objection Deadline: April 10, 2018 at 5:00 p.m.

A copy of the Bidding Procedures attached to the Order is availablefor free at:

Carl Sayers is an army veteran, having served from 1962 to 1965. He has since worked in a number of entrepreneurial roles andpresently operates his Danbury Top Soil business, a soleproprietorship. Suzanne Sayers had been employed in a number ofjobs and had been working for Danbury Top Soil but is now retired.

On Jan. 9, 2018, the Court appointed Absolute Auctions & Realty,Inc., as the Debtors' Broker.

CC CARE LLC: Court Okays Seventh Interim Cash Collateral Order--------------------------------------------------------------Judge Janet S. Baer of the U.S. Bankruptcy Court for the NorthernDistrict of Illinois authorized CC Care, LLC, and each of itsaffiliates to use cash collateral during the term of the SeventhInterim Order, solely to pay the ordinary and reasonable expensesof operating their businesses.

The hearing to consider entry of a final order authorizing use ofcash collateral will be held on March 12, 2018 at 2:00 p.m. Anyparty-in-interest objecting to the Debtors' use of cash collateralmust file written objections by no later than 8:00 a.m. on March12, 2018, and will contemporaneously serve such objections to anyother party-in-interest.

The Debtors, together with certain non-debtor affiliates, theLenders Party from time to time (AR Lenders), and MidCap Funding IVTrust (f/k/a MidCap Funding IV, LLC) as assignee of MidcapFinancial Trust (f/k/s MidCap Financial, LLC) and successoradministrative agent entered into a Credit and Security Agreementthat was amended numerous times through the present.

The AR Lenders' Prepetition Obligations are secured by the accountsreceivable of the Operating Debtors. As of the Petition Date, theAR Lenders assert they were owed $8,390,988 in revolving loanprincipal obligations, plus interest, fees, costs and expenses.

The United States Department of Housing and Urban Development("HUD") as assignee of the FHA mortgage, asserts claims againsteach Operating Debtor based on the HUD Loan Documents, mortgageinsurance contracts, and operating lease rents applicable to eachfacility and against JLM, for the aggregate, are no less than (a)$81,834,514, representing the approximate total outstandingprincipal amount of the HUD loans as of the Petition Date; (b)$82,898,528, representing the approximate aggregate amount paid byHUD under its contracts for mortgage insurance; (c) the amount ofrents with respect to each facility, in an approximate amount notless than the amount of debt service on the applicable HUD mortgageloan; and (d) other unpaid amounts, obligations or claims.

The Pre-petition Agent, the AR Lenders, the HUD and Edward Don &Company have consented to the individual Budgets for each of theOperating Debtors.

The AR Lenders, the HUD and Edward Don, are each granted valid andperfected, replacement security interests in and liens on all ofthe Debtors' right, title and interest in to and under thecollateral. The AR Lenders, the HUD and Edward Don are also grantedan administrative expense claim with priority in payment over anyand all administrative expenses of the kinds, if and to the extentthe adequate protection of the interests of the Lenders, the HUDand Edward Don in the collateral proves inadequate.

Moreover, pursuant to the Order, the Debtors are mandated to:

(a) deliver to the AR Lenders, the HUD and Edward Donfinancial and other information concerning the business and affairsof the Debtors, as the AR Lenders and the HUD will reasonablyrequest from time to time;

(b) provide the AR Lenders, the HUD and Edward Don withdetailed information as to the extent and composition of thecollateral and any collections thereon;

(c) maintain insurance on the collateral to cover its assetsfrom fire, theft and other damage; and

(d) maintain the collateral and their businesses in goodrepair.

In addition, the Debtors will make adequate protection payment of$10,000 to the AR Lenders, on or before the fourth business day ofeach week during the Fifth Interim Order, which payment will beapplied against the interest accruing on the AR Lenders'Prepetition Obligations.

CC Care, LLC, and its affiliates are Delaware limited liabilitycompanies owned by JLM Financial Healthcare, LP, that operatelong-term care facilities that provide nursing, healthcare,therapeutic and social services to the chronically ill with adiagnosis of mental illness.

The company is increasing its first-lien debt by $40 million, to$314 million from $274 million, and repricing the loan to L+350from L+450. The company will use the additional $40 million to fundthe acquisition of a leading health economics consultancy anddecision support provider.

The add-on does not meaningfully change our expectation ofleverage, which we expected would remain high at above 7x. S&Psaid, "Although the acquisition provides a new and complementaryservice to Certara's existing offerings, it does not change ourview of the company's business risk, which continues to reflectsthe company's limited scale and niche focus in the biosimulationand regulatory software and services industries. We consider therisk of potential competition from much-larger and better-fundedoutsourced pharmaceutical development firms, such as contractresearch organizations (CROs) to be a limiting factor in the ratingas well. These factors are partially mitigated by Certara's leadingmarket position in the nascent biosimulation industry, which weexpect to grow rapidly. The rating also reflects our expectationfor moderate free cash flow generation supported by above-averageEBITDA margins and double-digit revenue growth, despite highadjusted leverage."

The corporate credit rating on Certara is 'B' with a stableoutlook.

RECOVERY ANALYSIS

Key analytical factors

-- Certara's capital structure consists of a $20 million floatingrate revolver due 2022, a $315 million first-lien term loan ($314million outstanding) due 2024, and a $100 million unsecured termloan (unrated).

-- Given the continued demand for its services, we believe Certarawould remain a viable business and would therefore reorganizerather than liquidate following a hypothetical payment default.

-- Consequently, S&P has used an enterprise value methodology toevaluate recovery prospects. S&P valued the company on agoing-concern basis using a 5.5x multiple off our projected EBITDAat default.

-- S&P estimates that for Certara to default, EBITDA would need todecline to about $37 million, which would be a significantdeterioration from S&P's base-case forecast.

Simulated default assumptions

Simulated year of default: 2021EBITDA at emergence: $37 millionEBITDA multiple: 5.5xJurisdiction: U.S.

CHINA COMMERCIAL: Qun Ma Acquires 8.8% Stake for $2.5 Million-------------------------------------------------------------Qun Ma disclosed in a Schedule 13D/A filed with the Securities andExchange Commission that as of Feb. 8, 2018, he beneficially owns1,764,915 shares of common stock of China Commercial Credit, Inc.,constituting 8.84 percent based on 19,963,415 shares of commonstock outstanding as of Feb. 5, 2018.

On Feb. 8, 2018, Mr. Ma acquired 548,835 shares in a privatetransaction for a per share purchase price of $1.50 from pursuantto certain Share Purchase Agreement dated Feb. 7, 2018 by and amongDaqin International Business HK Limited and Yang Jie as sellers andQun Ma and Wenlong Deng as buyers.

Also on February 8, Mr. Ma acquired 1,216,080 shares in a privatetransaction for a per share purchase price of $1.40 from pursuantto certain Share Purchase Agreement dated Feb. 7, 2018 by and amongan entity and two individuals as sellers and the Reporting Personand Wenlong Deng as buyers.

A full-text copy of the regulatory filing is available at:

https://is.gd/Degt5h

About China Commercial Credit

Founded in 2008, China Commercial Credit --http://www.chinacommercialcredit.com/-- is a financial services firm operating in China. Its mission is to fill the significantvoid in the market place by offering lending, financial guaranteeand financial leasing products and services to a target marketwhich has been significantly under-served by the traditionalChinese financial community. The Company's current operationsconsist of providing direct loans, loan guarantees and financialleasing services to small-to-medium sized businesses, farmers andindividuals in the city of Wujiang, Jiangsu Province.

China Commercial's independent accounting firm Marcum Bernstein &Pinchuk LLP, in Shanghai, China, issued a "going concern"qualification on the consolidated financial statements for the yearended Dec. 31, 2016, citing that the Company has accumulateddeficit that raises substantial doubt about its ability to continueas a going concern.

China Commercial reported a net loss of US$1.98 million for theyear ended Dec. 31, 2016, compared with a net loss of US$61.26million for the year ended Dec. 31, 2015. The Company's balancesheet as of Sept. 30, 2017, showed US$7.71 million in total assets,US$8.48 million in total liabilities and a total shareholders'deficit of US$774,251.

CINEMARK USA: Moody's Gives Ba1 Rating to New $660MM Term Loan B----------------------------------------------------------------Moody's Investors Service has assigned a Ba1 rating to the proposed$660 million 7-year senior secured Term Loan B of Cinemark USA,Inc. Proceeds from the transaction will be used to refinance thecompany's existing term loan. Pricing of the new facility isexpected to step down to LIBOR +175 basis points (bps) from L+200bps with a maturity extension of approximately three years to March2025, from May 2022. The obligation will be secured by allleasehold and fee-owned real property. This collateral must have avalue that is at least 125% of the loan, amended lower from 250% asper the terms of the previous credit agreement. All other terms andconditions are unchanged. The company's B1 Corporate Family Rating,B1-PD PDR, Ba1 senior secured bank credit facility and B2 seniorunsecured notes also remain unchanged. The outlook is stable.

Cinemark's B1 Corporate Family Rating (CFR) incorporates financialpolicies that tolerates rich dividend payouts leading to weak freecash flow conversion and debt coverage (FCF/debt) metrics.Additionally, the rating is constrained by a mature industryexperiencing a slow but persistent secular decline in attendance, adependence on a limited number of movie studios, an unpredictablebox office, and emerging competitive threats. Despite itschallenges, the company maintains modest leverage of approximately3.5x for the twelve months ended December 2017, is one of thelargest operators in the US, growing its share of the US domesticbox office to over 14%. Cinemark has a large circuit with nationalscale and geographic diversification. It has a total of 5,926screens in over 529 theatres, with 37% of its theatres and 24% ofits screens located outside the US. Most of the internationalcircuit is located in Latin American which generates approximatelyone quarter of total revenues making Cinemark one of the mostdiversified theatre operators. In addition, the company benefitsfrom high barriers to entry into the first-run window fortheatrical distribution, has consistently demonstrated pricingpower, produces stable and high margins, and has good liquidity.The cinema has relatively strong entertainment value using a provendistribution model that delivers an inexpensive and uniqueout-of-home experience with sound and video quality that is hard toreplicate in-home. The strength of this market position isreflected in investment-grade level EBITA margin near 20%,supported by strong and steady admission and concession marginsthat will be near 44% and 86% in the US and 52% and 78% overseasover the next 12-18 months.

Cinemark Holdings, Inc., headquartered in Plano, Texas and theowner of Cinemark USA, Inc., operates 529 theaters with 5,926screens in 41 U.S. states and in Latin America, including Brazil,Argentina and 12 other countries. Revenue for the twelve monthsended December 31, 2017 was approximately $3.0 billion.

CK ASSISTED: Taps Carmichael & Powell as Legal Counsel------------------------------------------------------CK Assisted Living of Arizona, LLC, received approval from the U.S.Bankruptcy Court for the District of Arizona to hire Carmichael &Powell, P.C., as its legal counsel.

The firm will advise the Debtor regarding its duties under theBankruptcy Code and will provide other legal services related toits Chapter 11 case.

Donald Powell, Esq., the attorney at Carmichael & Powell who willbe handling the case, charges an hourly fee of $375.

Mr. Powell does not represent any interest adverse to the Debtor orits estate, according to court filings.

CK Assisted Living of Arizona, LLC, sought protection under Chapter11 of the Bankruptcy Code (Bankr. D. Ariz. Case No. 18-01882) onFeb. 28, 2018. At the time of the filing, the Debtor estimatedassets of less than $1 million and liabilities of less than$500,000. Judge Daniel P. Collins presides over the case.

CONCORDIA INTERNATIONAL: Incurs $1.59 Billion Net Loss in 2017--------------------------------------------------------------Concordia International Corp. filed with the Securities andExchange Commission its annual report on Form 20-F reporting a netloss of US$1.59 billion on US$626.16 million of revenue for theyear ended Dec. 31, 2017, compared to a net loss of US$1.31 billionon US$816.15 million of revenue for the year ended Dec. 31, 2016.

Revenue for the year ended Dec. 31, 2017 decreased by US$190million, or 23 per cent, compared to 2016. This decrease was dueto lower sales from both the Concordia North America and ConcordiaInternational segments, as well as unfavorable foreign exchangerate movements, compared to the corresponding period in 2016.

Revenues were lower primarily due to lower volumes, mainly as aresult of new market entrants on a number of the Company'sproducts. Concordia North America segment revenue for the yearended Dec. 31, 2017 decreased by $97.9 million or 38 per cent whencompared to 2016, mainly as a result of lower volumes on keyproducts, including Plaquenil AG, Donnatal and Nilandron.

Gross profit for the year ended Dec. 31, 2017 decreased by US$159.4million or 27 per cent, compared to 2016 primarily due to therevenue decreases. The decrease in gross profit as a percentage ofrevenue for the year ended Dec. 31, 2017 compared to 2016 isprimarily due to changes in product mix within the Concordia NorthAmerica and Concordia International segments.

Operating expenses for the year ended Dec. 31, 2017 increased byUS$63.2 million, or four per cent compared to 2016. Operatingexpenses were higher primarily due to US$62.5 million higherimpairment charges recorded during 2017 and US$43.6 million higheramortization of intangible assets, partially offset by US$22million lower share-based compensation, US$14.2 million lowerlitigation settlements and US$12.9 million lower selling andmarketing costs.

General and administrative expenses reflect costs related tosalaries and benefits, professional and consulting fees, ongoingpublic company costs, travel, facility leases and otheradministrative expenditures. General and administrative expensesfor the year ended Dec. 31, 2017 decreased by US$5.8 million or 10per cent compared to 2016. This decrease is a result of theCompany's objective to reduce operating costs across the business.

Selling and marketing expenses reflect costs incurred by theCompany for the marketing, promotion and sale of the Company'sbroad portfolio of products across the Company's segments. Sellingand marketing costs for the year ended Dec. 31, 2017 decreased byUS$12.9 million or 25 per cent compared to 2016. These costs havedecreased primarily due to the termination of the Donnatal contractsales force in 2016, which has been replaced by a co-promotionagreement with Redhill Biopharma Ltd. Sales and marketing expensesin 2017 within the Concordia North America segment have decreasedby $11.6 million, and have decreased by $1.2 million within theConcordia International segment.

Research and development expenses reflect costs for clinical trialactivities, product development, professional and consulting feesand services associated with the activities of the medical,clinical and scientific affairs, quality assurance costs,regulatory compliance and drug safety costs (pharmacovigilance) ofthe Company. Research and development costs for the year endedDec. 31, 2017 decreased by US$9.2 million or 23 per cent comparedto 2016. This decrease is due to fewer ongoing clinical programsin 2017 compared with 2016, including the cancellation of theCompany's cholangiocarcinoma trial in December 2016, and theCompany moving certain external service provider activitiespreviously incurred by the Concordia North America segment to theCompany's integrated operations in Mumbai, India.

The current income tax expense recorded for the year ended Dec. 31, 2017 decreased by US$18.4 million compared to 2016. Income taxes were lower primarily due to the impact of lowerforeign exchange translation of the income tax expense from theConcordia International segment as well as lower taxable incomecompared to 2016.

Significant components comprising the net loss in 2017 areimpairment charges of US$1,194.8 million and the deduction of othersignificant cash and non-cash expenses which include, but are notlimited to, amortization expense and interest and accretionexpenses.

As at Dec. 31, 2017, Concordia had US$2.32 billion in total assets,US$4.23 billion in total liabilities and a total shareholders'deficit of US$1.91 billion.

As of Dec. 31, 2017, the Company had cash and cash equivalents ofUS$327 million and 51,282,901 common shares issued andoutstanding.

"We believe that our accomplishments in 2017, which included thedevelopment of DELIVER, our long-term growth strategy, havepositioned Concordia to have a promising 2018," said Allan Oberman,chief executive officer of Concordia. "As we make progress towardsthe potential realignment of our capital structure, our global teamremains focussed on leveraging our diverse portfolio of medicines,global sales platform, and product pipeline in order to support ouraspirations for long-term growth."

Fourth Quarter 2017 Segment Results

The Company changed the composition of its reporting segmentsduring the first quarter of 2017. As a result, Concordia haspresented prior-period segment information to conform with thecurrent-period presentation by aggregating the 2016 segmentinformation of the Concordia North America segment with the segmentinformation of the 2016 Orphan Drugs segment into a singlereporting segment, entitled, 'Concordia North America'.

Revenue for the three months ended Dec. 31, 2017 decreased byUS$5.2 million or 12.4 per cent compared to the correspondingperiod in 2016. This decrease is attributable to competitivepressures on products such as Donnatal and Plaquenil AG.

Concordia International segment's revenue for the fourth quarter of2017 was US$113.7 million compared to US$117.7 million in the thirdquarter of the year.

This decrease is attributable to volume and price declines on keyproducts, including Liothyronine Sodium, and was partially offsetby the impact of the sterling strengthening against the U.S.dollar, resulting in $1.6 million of additional translatedrevenue.

Revenue for the three months ended Dec. 31, 2017 decreased byUS$15.0 million or 11.7 per cent compared to the correspondingperiod in 2016. The main drivers of the decrease were primarilydue to ongoing competitive market pressures, and were partiallyoffset by foreign currency translation gains.

Pipeline Update

During the fourth quarter of 2017, the Company launched two newproducts into markets that have a current IMS estimated marketvalue of US$10 million.

Concordia also has 17 products that have already been approved orare awaiting approval by regulators. These products, if launched,are expected to compete in markets that have a current IMSestimated market value in excess of US$150 million.

In addition, the Company currently has 32 products underdevelopment that are anticipated to launch in the next three tofive years. These products, if launched, are expected to competein markets that have a current IMS estimated market value in excessof US$1.8 billion. Concordia believes that these products includeseveral first-to-market or early-to-market opportunities fordifficult-to-make products.

In addition, the Company has 15 products identified for potentialdevelopment that, if launched, are expected to compete in marketsthat have a current IMS estimated market value in excess of US$350million.

Therefore, in total, Concordia's current pipeline is comprised ofmore than 60 products that could compete in markets that have acurrent IMS estimated market value in excess of US$2 billion.

Going forward, Concordia intends to continue to evaluate additionalopportunities above and beyond the 60 products to further increasethe Company's pipeline and portfolio.

New Organization Leadership Structure

The Company announced that Graeme Duncan, president of Concordia'sInternational segment, will be leaving the organization effectiveJune 30, 2018. There are no plans to fill this position.

"We are grateful to Graeme for the contributions he has made toConcordia, and wish him well in his future endeavors," said AllanOberman, chief executive officer of Concordia. "In alignment withDELIVER, our long-term growth strategy, we have now fullyimplemented a unified organization structure consisting of fourglobal functions, supporting four geographic business units. Ilook forward to working more closely with these leaders and theirteams as we focus on accelerating Concordia's growth."

The following senior leaders will continue to oversee Concordia'sfour geographic, commercial business units, and will reportdirectly to Mr. Oberman:

* Paul Burden, promoted to managing director, UK and Ireland, will continue to oversee Concordia's largest business unit

(UK and Ireland). Paul joined Concordia in September 2016 and

has served as vice president, Commercial Business, UK and Ireland since then.

* Simon Tucker, vice president, Commercial Business will continue to oversee Concordia's Rest of World business unit.

* Sanjeeth Pai, president, Concordia North America, will continue to oversee the Company's North American business unit.

* Glenn Kutschera, vice president and general manager, Pinnacle Biologics, will continue to oversee the Company's commercial efforts around Photodynamic Therapy by Photofrin for the treatment of certain types of cancer.

These individuals and their teams will be supported by thefollowing global functional leaders and their respective supportteams:

* Sarwar Islam, Concordia's chief corporate development officer, will continue to lead the Company's efforts in strategy, corporate development, business development, portfolio development and mergers and acquisitions.

* David Price, Concordia's chief financial officer, will continue to lead the Company's finance, human resources, and investor and public relations functions.

* Francesco Tallarico, Concordia's chief legal officer, will continue to lead the Company's legal and compliance efforts. The Company believes this streamlined management structure, where all senior leaders report to the CEO, will ultimately help accelerate the execution of the DELIVER strategy.

Realignment of Capital Structure and Going Concern

During the year ended Dec. 31, 2017, the Company announced as partof its long-term "DELIVER" strategy an objective to realign itscapital structure, which includes an intention to significantlyreduce the Company's existing secured and unsecured debtobligations. On Oct. 20, 2017, as part of the Company's efforts torealign its capital structure, the Company and one of itswholly-owned direct subsidiaries commenced a court proceeding underthe CBCA. The CBCA is a Canadian corporate statute that includesprovisions that allow Canadian corporations to restructure certaindebt obligations, and is not a bankruptcy or insolvency statute. The CBCA Order issued by the Court, provides a stay of proceedingsfiled by any third party that is party to or a beneficiary of anyloan, note, commitment, contract or other agreement with theCompany or any of its subsidiaries, including the Company'sdebtholders against the Company or its subsidiaries arising out ofany loan, note, commitment, contract or other agreement with theCompany or any of its subsidiaries. Under the CBCA Proceedings,such parties are stayed from exercising any rights or remedy or anyproceeding, including, without limitation, terminating, demanding,accelerating, setting-off, amending, declaring in default or takingany other action under or in connection with any loan, note,commitment, contract, or other agreement of the Company and itssubsidiaries on the terms set out in the CBCA Order. The CBCAOrder provides for this stay until such time as the stay ismodified or removed by the Court. If the Company does not completethe realignment of its capital structure through the CBCAProceedings, it will be necessary to pursue other restructuringstrategies, which may include, among other alternatives,proceedings under the CCAA and / or a filing under the Code.

In connection with the Company's efforts to realign its capitalstructure and as contemplated by the CBCA Proceedings, the Companyelected to not make scheduled payments on the following debtobligations: (i) payments under the Covis Notes, (ii) paymentsunder the AMCo Notes; and (iii) payments under the Extended BridgeLoans, which resulted in events of default under certain of theCompany's debt agreements that are subject to the stay ofproceedings granted by the Court. During the fourth quarter of2017, and as a result of nonpayment of certain obligations underthe Equity Bridge Loan, certain of the Company's subsidiaries hadinsolvency or similar petitions filed against them in certainforeign jurisdictions. These petitions were withdrawn in November2017, and the Company entered into a settlement agreement with theholders of the Equity Bridge Loans, pursuant to which alloutstanding indebtedness (including, without limitation, principal,interest and fees) and other obligations under the Equity BridgeLoans were satisfied at a significant discount (the settlementamount paid by the Company being approximately $13 million) andwere automatically and irrevocably discharged , terminated andreleased. In addition, as part of the CBCA Proceedings, theCompany has terminated the $200 million revolving credit facilitythat was previously made available to the Company under theExisting Credit Agreement. This revolving loan had not been drawnupon. On Oct. 20, 2017, the Company was notified by thecounterparty to the Currency Swaps that one or more events ofdefault occurred under the swap agreements as a result of theCompany obtaining a preliminary interim order from the Courtpursuant to the arrangement provisions of the CBCA. As a result ofthe foregoing, the counterparty to the Currency Swaps designatedOct. 23, 2017, as the early termination date with respect to alltransactions under the Currency Swaps. During the CBCA Proceedings,the Company has been and intends to continue to make scheduledordinary course interest and amortization payments at non-defaultrates under its secured debt facilities, as applicable.

The commencement of the CBCA Proceedings resulted in an event ofdefault under the Existing Credit Agreement, the 2016 NoteIndenture, the AMCo Note Indenture and an event of terminationunder the the Currency Swaps, which defaults are subject to thestay of proceedings granted by the Court. In addition, as a resultof the foregoing events of default, a cross default was triggeredunder the Covis Note Indenture governing the Covis Notes and theExtended Bridge Loans agreement, however any demand for payment ofthis debt has been stayed by the CBCA Order granted by the Court inconnection with the CBCA Proceedings. On Oct. 20, 2017, thecounterparty to the Currency Swaps issued a notice of terminationwith an effective date of Oct. 23, 2017. During the CBCAProceedings, the Company has been and intends to continue to makeinterest payments on the purported termination amount of theCurrency Swaps. The Company has not paid the purported terminationamount. Any attempt by the Company's debtholders (or any otherthird parties) to lift, amend or violate this stay, or any order bythe Court amending or removing this stay, would pose risks to theCompany's liquidity and business operations and its efforts torealign its capital structure, and may require that the Companypursue other restructuring strategies, which may include, amongother alternatives, proceedings under the CCAA and / or a filingunder the Code.

Future liquidity and operations of the Company are dependent on theability of the Company to develop, execute, garner sufficientsupport for, and obtain Court approval of a proposed plan torestructure its debt obligations and to generate sufficientoperating cash flows to fund its on-going operations. If theCompany does not complete the realignment of its capital structurethrough the CBCA Proceedings described above, it will be necessaryto pursue other restructuring strategies, which may include, amongother alternatives, proceedings under the CCAA and / or a filingunder the Code. The Company may not be able to restructure andreduce its debt obligations and this results in a materialuncertainty that may cast substantial doubt upon the Company'sability to continue as a going concern. If the Company is unableto continue as a going concern, or if proceedings are commencedunder the CCAA or the Code, shareholders of the Company may losetheir entire investment and debtholders may lose some,substantially all or all of their investment.

A full-text copy of the Form 20-F is available for free at:

https://is.gd/NkcUdR

About Concordia

Based in Ontario, Canada, Concordia -- http://www.concordiarx.com/-- is an international specialty pharmaceutical company with adiversified portfolio of more than 200 patented and off-patentproducts, and sales in more than 90 countries. Going forward, theCompany is focused on becoming a leader in European specialty,off-patent medicines. Concordia operates out of facilities inOakville, Ontario and, through its subsidiaries, operates out offacilities in Bridgetown, Barbados; London, England and Mumbai,India.

* * *

In October 2017, Moody's Investors Service downgraded the CorporateFamily Rating of Concordia to 'Ca' from 'Caa3'. "Concordia's CaCorporate Family Rating reflects its very high financial leverage,ongoing operating headwinds, and imminent risk of a debtrestructuring. Moody's estimates adjusted debt/EBITDA will exceed9.0x over the next 12 months as earnings decline on a year overyear basis."

In October 2017, S&P Global Ratings lowered its corporate creditrating on Concordia to 'SD' from 'CCC-' and removed the rating fromCreditWatch, where it was placed with negative implications onSept. 18, 2017. "The downgrade follows Concordia International'sannouncement that it failed to make the Oct. 16, 2016, interestpayment on the 7% senior unsecured notes due 2023. Given our viewof the company's debt level as unsustainable, and ongoingrestructuring discussions, we do not expect the company to make apayment within the grace period."

At the same time, S&P Global Ratings assigned its 'B-' issue-levelrating and '3' recovery rating to the company's $350 million seniorsecured term loan B due 2023. The '3' recovery rating indicatesS&P's expectation that lenders will receive meaningful (50%-70%;rounded estimate: 65%) recovery in a default scenario.

S&P said, "The affirmation reflects our view that the refinancinghas no impact on the rating. The refinancing has extended the debtmaturity to 2023. We expect distributions from the master limitedpartnership (MLP), Crestwood Equity Partners L.P. (CEQP), toincrease slightly over the next 12-24 months. Our rating onHoldings reflects a three-notch difference from our 'BB-' corporatecredit rating on the MLP. The rating differential reflectsHoldings' sole reliance on upstream distributions from CEQP toservice its financial obligations, the underlying cash flowstability of the distributions it receives from the MLP, andHoldings' stand-alone leverage. We analyze Holdings as a pure-playgeneral partnership (GP), reflecting its indirect ownership ofCEQP's GP, approximately 25% of the MLP's common units (as of Dec.31, 2017), and all of CEQP's subordinated units.

"The stable outlook on Holdings reflects our expectation of steadydistributions leading to stand-alone leverage above 7x through2019. We anticipate these distributions will maintain an interestcoverage ratio above 1.2x-1.3x over the next 24 months.

"We could lower the rating to 'CCC+' if Holdings' liquidity becomesconstrained due to a reduction in distribution levels and webelieve that it is vulnerable to nonpayment of financialcommitments. Under this scenario, the 'CCC' criteria would apply."

A positive rating action is unlikely in the next few years absent asignificant growth in distributions or debt repayment such thatstand-alone leverage falls below 4x.

CYTORI THERAPEUTICS: Incurs $22.7 Million Net Loss in 2017----------------------------------------------------------Cytori Therapeutics, Inc., filed with the Securities and ExchangeCommission its annual report on Form 10-K reporting a net loss of$22.68 million on $2.68 million of product revenues for the threemonths ended Dec. 31, 2017, compared to a net loss of $22.04million on $4.65 million of product revenues for the year endedDec. 31, 2016.

Fourth quarter 2017 net loss was $4.3 million, or $0.10 per share. Operating cash burn for the fourth quarter and full year 2017 wasapproximately $4.2 million and $18.1 million, respectively. Cytoriended the year with approximately $9.6 million of cash and cashequivalents.

"Manufacturing activities for our oncology drug, ATI-0918, ageneric version of Caelyx, are ongoing and on track for submittingan application to the European Medicines Agency late in 2018," saidDr. Marc Hedrick, president and CEO of Cytori. "Additionally, theSCLERADEC-II trial for patients with scleroderma recently completedenrollment and enrollment in the ADRESU trial for patients withpost surgical urinary incontinence should be completed soon. Bothtrials have read-outs later in 2018. Our meeting with the U.S. FDAon our STAR trial data results is forthcoming soon and we willprovide an update thereafter on next steps related to Habeo CellTherapy in the U.S."

As of Dec. 31, 2017, Cytori had $31.61 million in total assets,$18.61 million in total liabilities and $13 million in totalstockholders' equity.

The Company has an accumulated deficit of $401.7 million as of Dec.31, 2017. Additionally, the Company has used net cash of $18.1million and $19.5 million to fund its operating activities for theyears ended Dec. 31, 2017 and 2016, respectively. The Company doesnot have sufficient capital to fund operations through one yearfrom the issuance date of these consolidated financial statements. The Company said these factors raise substantial doubt about theCompany's ability to continue as a going concern.

Net cash used in operating activities for the year ended Dec. 31,2017 was $18.1 million. Overall, the Company's operational cashuse decreased during the year ended Dec. 31, 2017 as compared to2016 due primarily to a decrease in losses from operations (whenadjusted for non-cash items) of $1.7 million offset by a cashoutlay of $0.3 million in working capital.

The increase in net cash used in investing activities for the yearended Dec. 31, 2017, as compared to 2016, resulted primarily fromcash outflows for payment for long-lived assets purchased as partof Azaya's acquisition of $1.2 million, purchase of fixed assets of$0.3 million and increase in restricted cash of $0.3 million.

The net cash provided by financing activities for the year endedDec. 31, 2017 is primarily related to sales of common and preferredstocks of $21.5 million, net of costs from sale, through our RightsOffering, a confidentially marketed public offering, Lincoln ParkAgreement and ATM program offset by cash used in principal paymentson its debt of $4.7 million.

The audit report of the Company's independent registered publicaccounting firm covering the Dec. 31, 2017 consolidated financialstatements contains an explanatory paragraph that states that theCompany's recurring losses from operations, liquidity position, anddebt service requirements raises substantial doubt about ourability to continue as a going concern.

A full-text copy of the Form 10-K is available for free at:

https://is.gd/lW0vHR

About Cytori

Based in San Diego, California, Cytori -- http://www.cytori.com/-- is a therapeutics company developing regenerative and oncologictherapies from its proprietary cell therapy and nano-particleplatforms for a variety of medical conditions. Data frompreclinical studies and clinical trials suggest that Cytori CellTherapy acts principally by improving blood flow, modulating theimmune system, and facilitating wound repair. As a result, CytoriCell Therapy may provide benefits across multiple disease statesand can be made available to the physician and patient at thepoint-of-care through Cytori's proprietary technologies andproducts. Cytori Nanomedicine is developing encapsulated therapiesfor regenerative medicine and oncologic indications usingtechnology that allows Cytori to use the benefits of itsencapsulation platform to develop novel therapeutic strategies andreformulate other drugs to optimize their clinical properties.

CYTORI THERAPEUTICS: May Issue 2.58M Shares Under Incentive Plans-----------------------------------------------------------------Cytori Therapeutics, Inc. filed a Form S-8 registration statementwith the Securities and Exchange Commission to register the offerand sale of an additional 2,333,333 shares of Common Stock ofCytori Therapeutics, Inc. for issuance under the 2014 EquityIncentive Plan and an additional 250,000 shares of Common Stock ofthe Company for issuance under the 2015 New Employee IncentivePlan.

About Cytori

Based in San Diego, California, Cytori -- http://www.cytori.com/-- is a therapeutics company developing regenerative and oncologictherapies from its proprietary cell therapy and nano-particleplatforms for a variety of medical conditions. Data frompreclinical studies and clinical trials suggest that Cytori CellTherapy acts principally by improving blood flow, modulating theimmune system, and facilitating wound repair. As a result, CytoriCell Therapy may provide benefits across multiple disease statesand can be made available to the physician and patient at thepoint-of-care through Cytori's proprietary technologies andproducts. Cytori Nanomedicine is developing encapsulated therapiesfor regenerative medicine and oncologic indications usingtechnology that allows Cytori to use the benefits of itsencapsulation platform to develop novel therapeutic strategies andreformulate other drugs to optimize their clinical properties.

Cytori reported a net loss of $22.68 million on $2.68 million ofproduct revenues for the three months ended Dec. 31, 2017, comparedto a net loss of $22.04 million on $4.65 million of productrevenues for the year ended Dec. 31, 2016. As of Dec. 31, 2017,Cytori had $31.61 million in total assets, $18.61 million in totalliabilities and $13 million in total stockholders' equity.

The audit report of the Company's independent registered publicaccounting firm covering the Dec. 31, 2017 consolidated financialstatements contains an explanatory paragraph that states that theCompany's recurring losses from operations, liquidity position, anddebt service requirements raises substantial doubt about ourability to continue as a going concern.

DELEK LOGISTICS: S&P Raises CCR to 'BB-', Outlook Stable--------------------------------------------------------S&P Global Ratings raised its corporate credit rating on masterlimited partnership Delek Logistics Partners L.P. to 'BB-' from'B+'. The outlook is stable. The 'b' stand-alone credit profile(SACP) on the partnership is unchanged. S&P views the partnershipto be strategically important to its ultimate parent andcontrolling owner of its GP, Delek US Holdings Inc.

S&P said, "At the same time, we raised our senior unsecuredissue-level rating to 'B+'. The '5' recovery rating to thepartnership's senior unsecured notes indicates our view thatlenders can expect modest (10%-30%; rounded estimate: 10%) recoveryin the event of a payment default. We also raised our seniorsecured issue-level rating on the partnership's $700 millionrevolving credit facility to 'BB+' from 'BB'. The '1' recoveryrating indicates that lenders can expect very high (90%-100%;rounded estimate: 95%) recovery in the event of a payment default.

"The rating action reflects our view that the partnership isstrategically important to Delek US, which was recently assigned a'BB' corporate credit rating. The downstream energy company hasfour refineries totaling 302,000 barrels per day of refiningcapacity.

"The stable rating outlook reflects our expectation that thepartnership will maintain adequate liquidity, adjusted debt toEBITDA of approximately 4x, and a distribution coverage ratio above1x while increasing its scale and asset diversity from assetdrop-downs from Delek US. At the same time, we forecast Delek US tomaintain consolidated adjusted leverage in the 1x-2x range.

"We could lower our rating on the partnership if we lowered therating on Delek US. This could occur from weak crack spreads oroperational underperformance such that leverage is sustained above3.5x. We could also consider lower ratings if the partnershippursued an aggressive financial policy such that adjusted debt toEBITDA were sustained above 5x and the distribution coverage ratiowere consistently below 1x.

"Though unlikely in the next year due to the partnership's limitedscale, we could consider higher ratings if we raised the rating onDelek US. This could occur if the refiner significantly diversifiedits asset base and improved its scale while maintaining creditmetrics at current levels."

DEXTERA SURGICAL: Hires Moss Adams LLP as Tax Advisor-----------------------------------------------------Dextera Surgical Inc. seeks authority from the United StatesBankruptcy Court for the District of Delaware to hire Moss AdamsLLP as tax advisor to provide tax related services primarilyrelated to the preparation of the Debtor's 2017 tax returns whichmust be filed on or before April 17, 2018.

Stacey Dell, a partner at Moss Adams, LLP, attests that her firm isa "disinterested person" within the meaning of section 101(14) ofthe Bankruptcy Code, as required by section 327(a) of theBankruptcy Code, and does not hold or represent any interestadverse to the Debtor's estate.

Headquartered in Redwood City, California, Dextera Surgical Inc.(DXTR:US OTC US) -- https://www.dexterasurgical.com/ -- is amedical device company that designs and manufactures proprietarystapling devices that enable the advancement of minimally invasivesurgical procedures. Founded in 1997 as Vascular Innovations,Inc., the Company changed its name in November 2001 to Cardica,Inc., and in June 2016 to Dextera Surgical Inc.

DOLPHIN DIGITAL: Will Discuss Company Overview at Roth Conference-----------------------------------------------------------------Bill O'Dowd, chief executive officer of Dolphin Entertainment,Inc., will be presenting at 3:30 p.m. (PT) at the 30th Annual RothConference, to be held at the Ritz Carlton, in Dana Point,California, on March 13, 2018. At the conference, Mr. O'Dowd willpresent a slide presentation, a copy of which is available for freeat https://is.gd/pBR96n

As disclosed in the Slide Presentation, the Company had uplisted toNasdaq on Dec. 21, 2017. As of March 1, 2018, DolphinEntertainment's common stock traded at $3.38 per share and theCompany had $11.2 million common stock outstanding. At Sept. 30,2017, the Company's cash amounted to $2 million. Its debt totaled$9.8 million as of Sept. 30, 2017. As of March 1, 2018, BillO'Dowd (president and CEO) beneficially owned 1,802,843 shares ofcommon stock representing 15.9% of the shares outstanding; AllanMayer (co-CEO of 42west) beneficially owned 473,252 shares ofcommon stock constituting 4.2% of the shares outstanding; and JustoPozo beneficially owned 1,215,332 shares of common stockrepresenting 10.8% of the shares outstanding.

The Company also revealed that 42West, its newly acquired business,is consistently profitable since inception. 42West clients includehundreds of A-list celebrities and seven major studios.

About Dolphin Digital

Dolphin Digital Media, Inc., based in Coral Gables, Florida --http://www.dolphindigitalmedia.com/-- is dedicated to the production of digital and motion picture content. Dolphin DigitalStudios, a division of the Company, is a producer of originaldigital programming for online consumption and is committed todelivering entertainment and securing premiere distributionpartners to maximize audience reach and commercial advertisingpotential. Dolphin Ditigal also seeks to develop online kidsclubs.

Dolphin Digital reported a net loss of $37.19 million for the yearended Dec. 31, 2016, following a net loss of $8.83 million for theyear ended Dec. 31, 2015. As of sept. 30, 2017, DolphinEntertainment had $33.76 million in total assets, $31.02 million intotal liabilities and $2.73 million in total stockholders' equity.

BDO USA, LLP issued a "going concern" qualification on theconsolidated financial statements for the year ended Dec. 31, 2016. The Company, according to BDO USA, has suffered recurring lossesfrom operations and has a net capital deficiency that raisesubstantial doubt about its ability to continue as a going concern.

Pursuant to the agreement, SCM has agreed to acquire the Minersmanufactured by Bitmain Technologies, Inc., in connection withSCM's mining operations, from Blockchain Mining Supply & ServicesLtd. Pursuant to the agreement, SCM will pay an aggregate of$3,200,000 to BMSS for the Miners, in the following amounts and onthe following dates: (i) $163,625, or 5% of the aggregate purchaseprice, with $80,000 being paid on March 9, 2018 and $83,625 beingpayable on March 13, 2018; (ii) an additional $1,487,500, orapproximately 46% of the aggregate purchase price, on or beforeMarch 23, 2018, providing the inspection conducted by SCM of theMiners is satisfactory to SCM, and (iii) the balance of 1,621,375,or approximately 51% of the aggregate purchase price on or beforeApril 15, 2018. The Company intends to fund SCM's acquisition ofthe Miners though the proceeds derived from its ongoingAt-the-Market Offering described in the Prospectus Supplement filedwith the SEC on Feb. 27, 2018.

"Prices on the S9 miners dipped so we jumped at the opportunity topurchase these machines slightly ahead of plan," commented DarrenMagot, the CEO of Super Crypto Mining. "Our team is focused on theexecution of our 2018 plan and these machines keep us on pace tomeet our previously stated objectives while maximizing budgetefficiencies." This news comes on the heels of the successful 1stround of the Super Crypto Cloud Mining offering and will fuel thenext offering expected in early Q2, 2018.

"Super Crypto Mining continues to demonstrate that it is animportant contributor to the overall business of DPW Holdings,"commented Milton "Todd" Ault III, the Company's CEO and Chairman."We continue to be committed to this rapidly growing businesssegment and look forward to the next Super Crypto Cloud Miningoffering."

Digital Power reported a net loss of $1.12 million for the yearended Dec. 31, 2016, and a net loss of $1.09 million for the yearended Dec. 31, 2015. As of Sept. 30, 2017, Digital Power had$18.26 million in total assets, $10.79 million in total liabilitiesand $7.46 million in total equity.

"The Company expects to continue to incur losses for theforeseeable future and needs to raise additional capital tocontinue its business development initiatives and to support itsworking capital requirements. In March 2017, the Company wasawarded a 3-year, $50 million purchase order by MTIX Ltd. ("MTIX")to manufacture, install and service the Multiplex Laser SurfaceEnhancement ("MLSE") plasma-laser system. Management believes thatthe MLSE purchase order will be a source of revenue and generatesignificant cash flows for the Company. Management believes thatthe Company has access to capital resources through potentialpublic or private issuance of debt or equity securities. However,if the Company is unable to raise additional capital, it may berequired to curtail operations and take additional measures toreduce costs, including reducing its workforce, eliminating outsideconsultants and reducing legal fees to conserve its cash in amountssufficient to sustain operations and meet its obligations. Thesematters raise substantial doubt about the Company's ability tocontinue as a going concern," said the Company in its quarterlyreport for the period ended Sept. 30, 2017.

This rating action follows the company's announcement to acquireKey Technology, Inc. for a purchase price of $173 million. Theacquisition along with $12 million of fees and expenses will befinanced with a $150 million senior secured first-lien term loanadd-on and a $35 million senior secured second-lien term loanadd-on.

Duravant's B3 Corporate Family Rating (CFR) reflects the cyclicalnature of its products and some end markets, customer concentrationand very high leverage pro forma the acquisition of Key Technology.Moody's expects leverage to remain high due to the company'sincreasingly aggressive acquisitive growth strategy. Pro forma forthe transaction, Duravant's FYE 2017E debt-to-EBITDA leverage was7.8 times incorporating Moody's standard adjustments. Moody'sestimates it will decline modestly to 7.4x by the end of 2018, alevel that is still very high for the B3 rating category. Duravant,however, has a good position in a niche market of specializedpackaging equipment, resulting in good margins and positive freecash flow. Moody's anticipates that the company will generatepositive free cash flow of over $20 million in the next 12months.It has also been able to establish good relationships withblue chip companies primarily in the consumer packaged goodsindustry. Duravant has been growing its aftermarket presence, whichnow comprises 26% of the company's revenue which adds a level ofrevenue stability.

The stable ratings outlook reflects Moody's expectation ofcontinued positive organic revenue growth in the low- to mid-singledigit range and EBITDA margin improvement of approximately 50 basispoints. It also assumes that while Duravant will continue to usefree cash flow for acquisitions, it will use a combination ofearnings growth and free cash flow to reduce leverage to 7.4x bythe end of 2018.

Although unlikely in the near-term as leverage is expected toremain elevated and the company's scale is small, ratings could beupgraded should operating performance and financial policy(including acquisitions) support debt to EBITDA remaining below6.0x and EBITA to interest expense remaining above 2.0x.

The ratings could be downgraded if operating trends deterioratedsuch that Moody's adjusted Debt-to-EBITDA (factoring in pro formaacquired EBITDA) was expected to be sustained above 7.5x for morethan 12 months along with EBITA-to-interest below 1.25x. Ratingscould also be downgraded should operating margins decline as aresult of acquisitions or should liquidity deteriorate.

The principal methodology used in these ratings was GlobalManufacturing Companies published in June 2017.

Duravant, headquartered in Downers Grove, IL, designs and assemblespackaging (approximately 40% of 2017 pro forma revenue), materialhandling (20% of revenue) and food processing equipment (40% ofrevenue) for a number of industries, including food and beverage,consumer products, e-commerce and distribution, retail, andagriculture and produce. Duravant is owned by affiliates of WarburgPincus, LLC. Pro forma revenue for the twelve months endedSeptember 30, 2017 was approximately $541 million.

FALLBROOK TECHNOLOGIES: Hires Ordinary Course Professionals-----------------------------------------------------------Fallbrook Technologies Inc. and its debtor-affiliates seekauthority from the United States Bankruptcy Court for the Districtof Delaware to hire certain professionals utilized in the ordinarycourse of business.

The Debtors rely on the assistance of OCPs for essential servicesthat are not bankruptcy-related and the Debtors wish to continue toemploy the OCPs to render services similar to those that requiredby the Debtors prior to the commencement of these chapter 11cases.

About Fallbrook Technologies

Fallbrook Technologies -- http://www.fallbrooktech.com/-- is the inventor of the revolutionary NuVinci [(R)] continuously variableplanetary (CVP) technology, which enables performance andefficiency improvements for machines that use an engine, pump,motor, or geared transmission system -- including urban mobilityvehicles, cars and trucks, industrial equipment, and many otherapplications. Fallbrook has a unique collective development modeland community through which NuVinci technology licensees shareenhancements, which adds to the value of the technology andaccelerates product development. This approach enablesforward-looking companies, who wish to create visionary newproducts with NuVinci technology, to move quickly from concept tomarket commercialization. Fallbrook is based in Cedar Park nearAustin, Texas, USA and holds rights to over 800 patents and patentapplications worldwide.

In the petitions signed by CRO Roy Messing, lead debtor FallbrookTechnologies indicated $50 million to $100 million in total assetsand $100 million to $500 million in total liabilities.

The cases are assigned to the Judge Mary F. Walrath.

Jordan A. Wishnew, Esq. at SHEARMAN & STERLING LLP is the Debtors'general counsel; and Betsy L. Feldman, Esq. at YOUNG CONAWAYSTARGATT & TAYLOR, LLP, is the local counsel.

FALLBROOK TECHNOLOGIES: Taps Roy Messing of Ankura as CRO---------------------------------------------------------Fallbrook Technologies Inc. and its debtor-affiliates seekauthority from the United States Bankruptcy Court for the Districtof Delaware to hire Ankura Consulting Group, LLC to provide interimmanagement services and designate Roy Messing as ChiefRestructuring Officer.

Services to be provided by Ankura are:

a. Provide Roy Messing to serve as CRO. Mr. Messing, in suchcapacity, shall be responsible for the Company's operation andrestructuring, which includes:

i. accept responsibility for the Debtors' operations andidentification of opportunities for operational improvement;

ii. identify and implement short-term cash managementprocedures;

iii. identify cost-saving and liquidity enhancementmeasures;

iv. exercise on behalf of the Company authority to approveCompany expenditures, and the delegation of authority to approvecertain Company expenditures;

v. retain key existing employees, recruit of new employees,and retain of existing employees as required by the Company;

vi. complete the contemplated transaction(s) approved by theBoard as a part of a sale, refinancing or recapitalization, ifpossible;

vii. communicate and engage in negotiations with creditorsand stakeholders;

viii. provide financial reviews and analyses of the Company asare requested thereby, or by the Board of Directors of the Companyand any special committee(s) that may be appointed;

ix. develop monthly updates to its initial 13-week cash flowbudget to be provided to the Company’s secured lenders pursuantto the Company's amended first lien security agreement;

x. report to the Company's secured lenders and theiradvisors in accordance with the amended first lien securityagreement;

xi. develop a DIP Budget;

xii. negotiate a DIP financing, if required;

xiii. provide testimony before the Court as requested orrequired on matters within the scope of the engagement and Ankura'sexpertise;

xiv. develop and implement a plan of reorganization or salesprocess in a bankruptcy proceeding;

xv. develop/revise of a business plan as required; and

xvi. perform such other tasks and services consistent withthe role of CRO as requested or directed by the Company or theBoard.

Roy Messing, Senior Managing Director at Ankura Consulting Group,LLC, attests that neither Ankura nor any professional, employee, orindependent contractor of Ankura has any connection with or anyinterest adverse to the Debtors, their creditors, or any otherparty in interest, or their respective attorneys and accountants.

Fallbrook Technologies -- http://www.fallbrooktech.com/-- is the inventor of the revolutionary NuVinci [(R)] continuously variableplanetary (CVP) technology, which enables performance andefficiency improvements for machines that use an engine, pump,motor, or geared transmission system -- including urban mobilityvehicles, cars and trucks, industrial equipment, and many otherapplications. Fallbrook has a unique collective development modeland community through which NuVinci technology licensees shareenhancements, which adds to the value of the technology andaccelerates product development. This approach enablesforward-looking companies, who wish to create visionary newproducts with NuVinci technology, to move quickly from concept tomarket commercialization. Fallbrook is based in Cedar Park nearAustin, Texas, USA and holds rights to over 800 patents and patentapplications worldwide.

In the petitions signed by CRO Roy Messing, lead debtor FallbrookTechnologies indicated $50 million to $100 million in total assetsand $100 million to $500 million in total liabilities.

The cases are assigned to the Judge Mary F. Walrath.

Jordan A. Wishnew, Esq. at SHEARMAN & STERLING LLP is the Debtors'general counsel; and Betsy L. Feldman, Esq. at YOUNG CONAWAYSTARGATT & TAYLOR, LLP, is the local counsel.

FALLBROOK TECHNOLOGIES: Taps Shearman & Sterling LLP as Co-Counsel------------------------------------------------------------------Fallbrook Technologies Inc. and its debtor-affiliates seekauthority from the United States Bankruptcy Court for the Districtof Delaware to hire Shearman & Sterling LLP as co-counsel for theDebtors.

Services to be rendered by Shearman are:

(a) provide legal advice with respect to the Debtors' rightsand duties as debtors in possession;

(b) prepare on behalf of the Debtors of all necessaryapplications, motions, complaints, objections, responses, answers,orders, reports, and other legal papers;

(c) advice on obtaining debtor in possession financing (andthe use of cash collateral) and exit financing, and the terms andconditions of such financing;

(d) advice regarding the negotiation and pursuit ofconfirmation of a chapter 11 plan and approval of the correspondingsolicitation procedures and disclosure statement;

(e) attend at meetings and negotiations with representativesof creditors, equity holders, prospective investors or acquirers,and other parties-in-interest in connection with the abovematters;

(f) appear before the Court, any appellate courts, and theOffice of the United States Trustee for the District of Delaware toprotect the interests of the Debtors;

Fallbrook Technologies -- http://www.fallbrooktech.com/-- is the inventor of the revolutionary NuVinci [(R)] continuously variableplanetary (CVP) technology, which enables performance andefficiency improvements for machines that use an engine, pump,motor, or geared transmission system -- including urban mobilityvehicles, cars and trucks, industrial equipment, and many otherapplications. Fallbrook has a unique collective development modeland community through which NuVinci technology licensees shareenhancements, which adds to the value of the technology andaccelerates product development. This approach enablesforward-looking companies, who wish to create visionary newproducts with NuVinci technology, to move quickly from concept tomarket commercialization. Fallbrook is based in Cedar Park nearAustin, Texas, USA and holds rights to over 800 patents and patentapplications worldwide.

In the petitions signed by CRO Roy Messing, lead debtor FallbrookTechnologies indicated $50 million to $100 million in total assetsand $100 million to $500 million in total liabilities.

The cases are assigned to the Judge Mary F. Walrath.

Jordan A. Wishnew, Esq. at SHEARMAN & STERLING LLP is the Debtors'general counsel; and Betsy L. Feldman, Esq. at YOUNG CONAWAYSTARGATT & TAYLOR, LLP, is the local counsel.

FALLBROOK TECHNOLOGIES: Taps Young Conaway as Bankruptcy Co-Counsel-------------------------------------------------------------------Fallbrook Technologies Inc. and its debtor-affiliates seekauthority from the United States Bankruptcy Court for the Districtof Delaware to hire Young Conaway Stargatt & Taylor, LLP, asbankruptcy co-counsel for the Debtors.

i. provide legal advice with respect to the Debtors' powersand duties as debtors in possession in the continued operation oftheir business, management of their property, and the potentialsale of their assets;

ii. prepare and pursue confirmation of a plan and approval ofa disclosure statement;

iii. prepare, on behalf of the Debtors, necessary applications,motions, answers, orders, reports, and other legal papers;

iv. appear in Court and protecting the interests of theDebtors before the Court; and

v. perform all other legal services for the Debtors that maybe necessary and proper in these proceedings.

Pauline K. Morgan, a partner at the firm, attests that YoungConaway is a "disinterested person" as that term is defined insection 101(14) of the Bankruptcy Code.

i. Young Conaway has not agreed to a variation of its standardor customary billing arrangements for this engagement;

ii. None of the Firm's professionals included in thisengagement have varied their rate based on the geographic locationof these chapter 11 cases;

iii. Young Conaway was retained by the Debtors pursuant to anengagement agreement dated December 1, 2017. The billing rates andmaterial terms of the prepetition engagement are the same as therates and terms described in the Application; and

iv. The Debtors have approved or will be approving aprospective budget and staffing plan for Young Conaway's engagementfor the postpetition period as appropriate.

Fallbrook Technologies -- http://www.fallbrooktech.com/-- is the inventor of the revolutionary NuVinci [(R)] continuously variableplanetary (CVP) technology, which enables performance andefficiency improvements for machines that use an engine, pump,motor, or geared transmission system -- including urban mobilityvehicles, cars and trucks, industrial equipment, and many otherapplications. Fallbrook has a unique collective development modeland community through which NuVinci technology licensees shareenhancements, which adds to the value of the technology andaccelerates product development. This approach enablesforward-looking companies, who wish to create visionary newproducts with NuVinci technology, to move quickly from concept tomarket commercialization. Fallbrook is based in Cedar Park nearAustin, Texas, USA and holds rights to over 800 patents and patentapplications worldwide.

In the petitions signed by CRO Roy Messing, lead debtor FallbrookTechnologies indicated $50 million to $100 million in total assetsand $100 million to $500 million in total liabilities.

The cases are assigned to the Judge Mary F. Walrath.

Jordan A. Wishnew, Esq. at SHEARMAN & STERLING LLP is the Debtors'general counsel; and Betsy L. Feldman, Esq. at YOUNG CONAWAYSTARGATT & TAYLOR, LLP, is the local counsel.

FANNIE MAE & FREDDIE MAC: Appaloosa, Akanthos & CSS Now Litigating------------------------------------------------------------------Appaloosa Investment Limited Partnership I and two affiliates,Akanthos Opportunity Master Fund, L.P., and CSS, LLC, filedlawsuits in the U.S. Court of Federal Claims last week that aremodeled on last week's filing by Owl Creek Asset Management, L.P.,and eight of its affiliates. Appaloosa, Akanthos, CSS and OwlCreek are represented in the four separate lawsuits by the sameteam of corporate restructuring lawyers led by Bruce Bennett atJones Day.

The litigating shareholders say the government took their property-- preferred stock in the GSEs -- and gave them nothing in return. They allege that HERA's succession clause imposed duties on thegovernment to honor the GSEs' contracts and look out fornon-controlling shareholders' interests. Instead, the governmentbreached those duties. They allege the government breached itsimplied-in-fact contract with junior preferred shareholders.

The dates on which these four newest litigating shareholdersacquired their junior preferred stock in the GSE differs:

If, as many distressed investors would argue, shareholder rightsrun with the paper rather than the holder of the paper, these datesshould make no difference. The fact that these four shareholdersand their lawyers at Jones Day chose to file four separatecomplaints suggests they think the purchase dates might bemeaningful.

Arrowood Indemnity Company and two affiliates filed their amendedcomplaint last week, as did Joseph Cacciapalle and AmericanEuropean Insurance Company. The Cacciapalle Plaintiffs tell JudgeSweeney that although dividends on their preferred shares weresubject to various contingencies, that did not render themworthless. "Simply because a dividend right may be subject to thediscretion of a board of directors or majority shareholder does notrender it valueless. A contrary view would mean the Governmentcould appropriate all the dividend rights of every share of stockin the country without paying just compensation. Likewise, simplybecause the right to a distribution in liquidation depends oncertain contingencies does not render it valueless. A contraryview would mean the Government could appropriate all liquidationrights of every shareholder in the country without paying justcompensation," the Cacciapalle Plaintiffs tell the Court.

"Further, when both dividend rights and liquidation rights areappropriated, and when a company is forced to pay 100% of its networth to the majority shareholder (thereby eliminating thepossibility of redemption rights as well), then the economic rightsof otherwise valuable stock has been fully eliminated. That iswhat the Third Amendment does without providing any justcompensation in return. There is no precedent for the Governmentbeing able to do this to the shareholders of any kind ofinstitution under any circumstances.

"No holder of Preferred Stock could have reasonably foreseen thatthe Government would effectively confiscate their shares byimplementing the Net Worth Sweep. The Net Worth Sweep wasunprecedented and contrary to the Governments' public statementsthat the Companies would be returned to shareholders. Never beforein the history of the nation has the Government caused the de factonationalization of a private corporation under the guise of a"conservatorship" by a federal agency and an “investment” bythe Treasury. Prior to the Net Worth Sweep, such an action wouldhave been unthinkable," the Cacciapalle Plaintiffs continue.

Fairholme, the Fisher Plaintiffs, the Rafter Plaintiffs, the ReidPlaintiffs and Washington Federal also filed amended complaints inthe Court of Federal Claims last week. Because those documentsmake reference to confidential discovery materials, thoselitigating shareholders' amended complaints were filed under seal. Redacted copies of the amended complaints should be publicly filedin the coming weeks in accordance with Judge Sweeney's secondamended protective order.

About Fannie Mae and Freddie Mac

Federal National Mortgage Association (OTCQB: FNMA), commonly knownas Fannie Mae -- http://www.FannieMae.com/-- is a government-sponsored enterprise (GSE) that was chartered by U.S.Congress in 1938 to support liquidity, stability and affordabilityin the secondary mortgage market, where existing mortgage-relatedassets are purchased and sold.

A brother organization of Fannie Mae is the Federal Home LoanMortgage Corporation (FHLMC), better known as Freddie Mac. FreddieMac (OTCBB: FMCC) -- http://www.FreddieMac.com/-- was established by Congress in 1970 to provide liquidity, stability andaffordability to the nation's residential mortgage markets. FreddieMac supports communities across the nation by providing mortgagecapital to lenders.

During the time of the subprime mortgage crisis, on Sept. 6, 2008,Fannie Mae and Freddie Mac were placed into conservatorship by theU.S. Treasury. The Treasury committed to invest up to $200 billionin preferred stock and extend credit through 2009 to keep the GSEssolvent and operating. Both GSEs are still operating under theconservatorship of the Federal Housing Finance Agency (FHFA).

In exchange for increased future support and capital investments ofup to $200 billion in each GSE, each GSE agreed to issue to theTreasury (i) $1 billion of senior preferred stock, with a 10%coupon, without cost to the Treasury and (ii) common stock warrantsrepresenting an ownership stake of 79.9%, at an exercise price ofone-thousandth of a U.S. cent ($0.00001) per share, and with awarrant duration of 20 years. FHFA and Treasury changed that dealin 2012 to require the GSEs to remit 100% of their profits toTreasury in perpetuity. As of Mar. 2018, Fannie and Freddiereceived $193.4 billion form Treasury and returned $278.9 billionto Treasury. Treasury says it's still owed $193.4 billion.

FILBIN LAND: Taps Macdonald Fernandez as Special Counsel--------------------------------------------------------Filbin Land & Cattle Co., Inc., seeks approval from the U.S.Bankruptcy Court for the Eastern District of California to hireMacdonald Fernandez LLP as its special counsel.

The Debtor had previously filed an application to employ MacdonaldFernandez as its bankruptcy counsel. The court, however, expressedconcern regarding the application because of the firm's proposedrepresentation of the Debtor's sole owner, Jeffery Arambel, in hisown personal bankruptcy case.

As special counsel, Macdonald Fernandez will assist St. James LawP.C., the firm proposed by the Debtor to be its new bankruptcycounsel, in the formulation of a Chapter 11 plan; respond tocreditor inquiries; evaluate claims; handle avoidable transfers;and provide other legal services.

Macdonald Fernandez is a "disinterested person" as defined insection 101(14) of the Bankruptcy Code, according to courtfilings.

Filbin Land & Cattle Co., Inc., is a privately-held company inPatterson, California, engaged in the cattle business. It is amerchant wholesaler of raw farm products.

Filbin Land & Cattle Co. sought protection under Chapter 11 of theBankruptcy Code (Bankr. E.D. Cal. Case No. 18-90030) on Jan. 17,2018. In the petition signed by Jeffery Edward Arambel, presidentand CEO, the Debtor estimated assets of $1 million to $10 millionand liabilities of $50 million to $100 million.

Judge Ronald H. Sargis presides over the case.

The Debtor hired St. James Law P.C. as its bankruptcy counsel.

FLORIDA COSMETOGYNECOLOGY: Taps Tally Consulting as Accountant--------------------------------------------------------------Florida Cosmetogynecology, PLLC seeks approval from the U.S.Bankruptcy Court for the Southern District of Florida to hire TheTally Consulting Group, Inc. as its accountant.

FREEDOM HOLDING: Completes $30M Private Placement of Common Shares------------------------------------------------------------------Freedom Holding Corp. has concluded the sale of 5,426,612 commonshares at an offering price of $5.50 per share raising a total of$29,846,366 in a private placement to investors outside the UnitedStates pursuant to Regulation S. The Company also made a privateplacement of shares under Regulation S that was completed inDecember 2017 in which it raised a total of $11,045,000.

Company CEO, Timur Turlov stated, "The interest and support we havereceived from our investors is gratifying. We are a rapidlygrowing financial services firm and the funding we have securedover that past several months of more than $40 million will allowus to continue to provide outstanding service to our growingclientele while enhancing our ability to take advantage of theexpanding opportunities to participate in the international andregional financial markets."

About Freedom Holding

Freedom Holding Corp., formerly known as BMB Munai, Inc., is afinancial services holding company conducting retail financialbrokerage, investment counseling, securities trading, investmentbanking and underwriting services through its subsidiaries underthe name of Freedom Finance in the Commonwealth of IndependentStates (CIS). The Company is a member of the Moscow Exchange(MOEX), Saint-Petersburg Exchange and Kazakhstan Stock Exchange(KASE). The Company is headquartered in Almaty, Kazakhstan, withexecutive offices also in Moscow, Russia and the United States. The Company employs more than 400 experienced professionals across24 branch offices in Russia, 15 branches in Kazakhstan, and officesin Kyrgyzstan, Ukraine and Cyprus.

BMB Munai reported a net loss of US$578,139 for the year endedMarch 31, 2017, a net loss of US$491,999 for the year ended March31, 2016, and a net loss of US$138,634 for the period from Aug. 25,2014, to March 31, 2015.

As of Dec. 31, 2017, Freedom Holding had US$258.84 million in totalassets, US$173.32 million in total liabilities and US$85.52 millionin total stockholders' equity.

The percentage is calculated based upon the 218,941,521 shares ofCommon Stock issued and outstanding on Nov. 6, 2017 as reported inthe Issuer's Quarterly Report on Form 10-Q for the quarterly periodended Sept. 30, 2017 filed with the Securities and ExchangeCommission on Nov. 8, 2017.

The Schedule 13G was filed on behalf of Fir Tree Capital ManagementLP, a Delaware limited partnership, relating to the shares ofCommon Stock, par value $0.001 per share, issued by the Issuer,purchased by certain private-pooled investment vehicles for whichFir Tree serves as the investment manager. Fir Tree is theinvestment manager of the Funds, and has been granted investmentdiscretion over portfolio investments, including the shares ofCommon Stock held by the Funds.

A full-text copy of the regulatory filing is available at:

https://is.gd/g1V1sj

About Gastar Exploration

Houston, Texas-based Gastar Exploration Inc. --http://www.gastar.com/-- is a pure play Mid-Continent independent energy company engaged in the exploration, development andproduction of oil, condensate, natural gas and natural gas liquids. Gastar's principal business activities include the identification,acquisition and subsequent exploration and development of oil andnatural gas properties with an emphasis on unconventional reserves,such as shale resource plays. Gastar holds a concentrated acreageposition in what is believed to be the core of the STACK Play, anarea of central Oklahoma which is home to multiple oil and naturalgas-rich reservoirs including the Meramec, Oswego, Osage, Woodfordand Hunton formations.

Gastar reported a net loss attributable to common stockholders of$103.5 million on $58.25 million of total revenues for the yearended Dec. 31, 2016, compared to a net loss attributable to commonstockholders of $474.0 million on $107.3 million of total revenuesfor the year ended Dec. 31, 2015. As of Sept. 30, 2017, Gastar had$370.8 million in total assets, $391.6 million in totalliabilities, and a total stockholders' deficit of $20.77 million.

* * *

In March 2017, S&P Global Ratings affirmed its 'CCC-' corporatecredit rating, with a negative outlook, on Gastar Exploration. Subsequently, S&P withdrew all its ratings on Gastar at theissuer's request.

In April 2017, Moody's Investors Service withdrew all assignedratings for Gastar Exploration, including the 'Caa3' CorporateFamily Rating, following the elimination of all of its rated debt.

GASTAR EXPLORATION: Wilks Brothers Stake at 2.9% as of Dec. 31--------------------------------------------------------------In a Schedule 13G/A filed with the Securities and ExchangeCommission, Dan H. Wilks, Staci Wilks, and Wilks Brothers, LLC,reported that as of Dec. 31, 2017, they beneficially own 6,454,011shares of common stock of Gastar Exploration Inc., constituting2.95 percent based on 218,941,521 shares of Common Stock of theIssuer issued and outstanding as of Nov. 6, 2017. A full-text copyof the regulatory filing is available at:

https://is.gd/tPxGyn

About Gastar Exploration

Houston, Texas-based Gastar Exploration Inc. --http://www.gastar.com/-- is a pure play Mid-Continent independent energy company engaged in the exploration, development andproduction of oil, condensate, natural gas and natural gas liquids. Gastar's principal business activities include the identification,acquisition and subsequent exploration and development of oil andnatural gas properties with an emphasis on unconventional reserves,such as shale resource plays. Gastar holds a concentrated acreageposition in what is believed to be the core of the STACK Play, anarea of central Oklahoma which is home to multiple oil and naturalgas-rich reservoirs including the Meramec, Oswego, Osage, Woodfordand Hunton formations.

Gastar reported a net loss attributable to common stockholders of$103.5 million on $58.25 million of total revenues for the yearended Dec. 31, 2016, compared to a net loss attributable to commonstockholders of $474.0 million on $107.3 million of total revenuesfor the year ended Dec. 31, 2015. As of Sept. 30, 2017, Gastar had$370.8 million in total assets, $391.6 million in totalliabilities, and a total stockholders' deficit of $20.77 million.

* * *

In March 2017, S&P Global Ratings affirmed its 'CCC-' corporatecredit rating, with a negative outlook, on Gastar Exploration. Subsequently, S&P withdrew all its ratings on Gastar at theissuer's request.

In April 2017, Moody's Investors Service withdrew all assignedratings for Gastar Exploration, including the 'Caa3' CorporateFamily Rating, following the elimination of all of its rated debt.

GB SCIENCES: Incurs $6.96 Million Net Loss in Third Quarter-----------------------------------------------------------GB Sciences, Inc. filed with the Securities and Exchange Commissionits quarterly report on Form 10-Q reporting a net loss of $6.96million on $1.27 million of revenue for the three months ended Dec.31, 2017, compared to a net loss of $3.58 million on $0 of revenuefor the three months ended Dec. 31, 2016.

For the nine months ended Dec. 31, 2017, GB Sciences reported a netloss of $13.26 million on $1.63 million of revenue compared to anet of $7.46 million on $0 of revenue for the same period a yearago.

As Dec. 31, 2017, GB Sciences had $16.39 million in total assets,$7.92 million in total liabilities and $8.47 million in totalequity.

"The Company will need additional capital to implement itsstrategies. There is no assurance that it will be able to raisethe amount of capital needed for future growth plans. Even iffinancing is available, it may not be on terms that are acceptable. If unable to raise the necessary capital at the times required,the Company may have to materially change the business plan,including delaying implementation of aspects of the business planor curtailing or abandoning the business plan. The Companyrepresents a speculative investment and investors may lose all oftheir investment. In order to be able to achieve the strategicgoals, the Company needs to further expand its business andfinancing activities. Based upon the cash position, it isnecessary to raise additional capital by the end of the nextquarter in order to continue to fund current operations. Thesefactors raise substantial doubt about the ability to continue as agoing concern. The Company is pursuing several alternatives toaddress this situation, including the raising of additional fundingthrough equity or debt financings. In order to finance existingoperations and pay current liabilities over the next twelve months,the Company will need to raise additional capital. No assurance canbe given that the Company will be able to operate profitably on aconsistent basis, or at all, in the future," GB Sciences stated inthe Quarterly Report.

As of Dec. 31, 2017, cash was $1.5 million, other current assetsexcluding cash were $1.6 million, and its working capital was $1.3million. At the same time, current liabilities were approximately$1.7 million and consisted principally of $0.4 million in accruedliabilities and $1.1 million in notes payable, net of $7 million indiscounts. At March 31, 2017, the Company had a cash balance of$2.7 million, other current assets excluding cash were $0.3 millionand its working capital was $2.3 million. Current liabilities wereapproximately $0.7 million, which consisted principally of $0.5million in accrued liabilities and $0.2 million in accountspayable.

Net cash used in operating activities was $8.0 million for the ninemonths ended Dec. 31, 2017, as compared to net cash used of $2.8million for the nine months ended Dec. 31, 2016. The Companyanticipates that cash flows from operations may be insufficient tofund business operations for the next twelve-month period.Accordingly, it will have to generate additional liquidity or cashflow to fund its current and anticipated operations. This willlikely require the sale of additional common stock or othersecurities. There is no assurance that the Company will be able torealize any significant proceeds from such sales, if at all.

During the nine months ended Dec. 31, 2017 and 2016, the Companyused $1.5 million and $2.0 million, respectively, of cash ininvesting activities. The cash used in investing activities duringthe nine months ended Dec. 31, 2017 and 2016 was primarily for thepurchase of property and equipment.

During the nine months ended Dec. 31, 2017 and 2016, cash flowsfrom financing activities totaled $8.3 million and $5.8 million,respectively. Cash flows from financing activities for the ninemonths ended Dec. 31, 2017 related primarily to $8.2 million inproceeds from the issuance of convertible notes and $0.1 million inproceeds from non-controlling interests. Cash flows from financingactivities for the nine months ended Dec. 31, 2016 relatedprimarily to $5.1 million in proceeds from the issuance of commonstock and warrants, $0.7 million in proceeds from the issuance ofconvertible notes, and $0.3 million in proceeds fromnon-controlling interests.

The Company has incurred losses since inception resulting in anaccumulated deficit of approximately $48.5 million as of Dec. 31,2017, and further losses are anticipated in the development of thebusiness raising substantial doubt about the ability to continue asa going concern. The Company said its ability to continue as agoing concern is dependent upon generating profitable operations inthe future and/or obtaining the necessary financing to meetobligations and repay liabilities arising from normal businessoperations when they come due. Management intends to financeoperating costs over the next twelve months with existing cash onhand and/or private placements of debt and equity securities.

A full-text copy of the Form 10-Q is available for free at:

https://is.gd/VAUphs

About GB Sciences

Las Vegas, Nevada-based GB Sciences, Inc., formerly GrowbloxSciences, Inc., is developing and utilizing state of the arttechnologies in plant biology, cultivation and extractiontechniques, combined with biotechnology, and plans to produceconsistent and measurable medical-grade cannabis, cannabisconcentrates and cannabinoid therapies. The Company seeks to be aninnovative technology and solution company that converts thecannabis plant into medicines, therapies and treatments for avariety of ailments.

GB Sciences reported a net loss of $10.08 million for the 12 monthsended March 31, 2017, compared to a net loss of $7.07 million forthe 12 months ended March 31, 2016.

The Company's independent registered public accountants' report forthe year ended March 31, 2017 includes an explanatory paragraphthat expresses substantial doubt about the Company's ability tocontinue as a "going concern." Soles, Heyn & Company LLP, in WestPalm Beach, Florida, stated as of March 31, 2017, the Company hadaccumulated losses of approximately $35,255,000, has not generatedany revenue. These factors and the need for additional financingin order for the Company to meet its business plan, raisesubstantial doubt about its ability to continue as a going concern.

GB SCIENCES: Will Hold its Special Meeting on April 6-----------------------------------------------------The special meeting of shareholders of GB Sciences, Inc. noticed tobe held at 10:00 a.m. on March 7, 2018, was continued until April6, 2018, at 10:00 a.m. at the same location being 3550 W. TecoAvenue, Las Vegas, Nevada. John Poss, the CEO of the Company whocalled the meeting to order stated that the meeting was beingcontinued due to the fact the Company had not received a sufficientnumber of proxies to constitute a quorum of shareholders to enablethe Company to conduct shareholder business. The Company willattempt to solicit additional proxies sufficient to conductshareholder business on April 6, 2018.

About GB Sciences

Las Vegas, Nevada-based GB Sciences, Inc., formerly GrowbloxSciences, Inc., is developing and utilizing state of the arttechnologies in plant biology, cultivation and extractiontechniques, combined with biotechnology, and plans to produceconsistent and measurable medical-grade cannabis, cannabisconcentrates and cannabinoid therapies. The Company seeks to be aninnovative technology and solution company that converts thecannabis plant into medicines, therapies and treatments for avariety of ailments.

GB Sciences reported a net loss of $10.08 million for the 12 monthsended March 31, 2017, compared to a net loss of $7.07 million forthe 12 months ended March 31, 2016. As Dec. 31, 2017, GB Scienceshad $16.39 million in total assets, $7.92 million in totalliabilities and $8.47 million in total equity.

The Company's independent registered public accountants' report forthe year ended March 31, 2017 includes an explanatory paragraphthat expresses substantial doubt about the Company's ability tocontinue as a "going concern." Soles, Heyn & Company LLP, in WestPalm Beach, Florida, stated that as of March 31, 2017, the Companyhad accumulated losses of approximately $35,255,000, has notgenerated any revenue. These factors and the need for additionalfinancing in order for the Company to meet its business plan, raisesubstantial doubt about its ability to continue as a going concern.

Business Description: GEA Seaside Investment Inc. is a for profit corporation organized under the laws of the State of Florida that owns residential rental properties. The Company previously sought bankruptcy protection on Jan. 10, 2013 (Bankr. M.D. Fla. Case No. 13- 00165).

Chapter 11 Petition Date: March 12, 2018

Case No.: 18-01356

Court: United States Bankruptcy Court Middle District of Florida (Orlando)

GENESIS HEALTHCARE: Closes $595M in Loans, Staves Off Bankruptcy----------------------------------------------------------------Kennett Square, Pa.-based Genesis HealthCare (NYSE: GEN), one ofthe nation's largest providers of post-acute care, announced March6, 2018, that it has closed on a $555 million asset based lending(ABL) facility and an amended and expanded term loan which includesan additional $40 million tranche.

Proceeds of the new 5-year ABL loans from MidCap Financial andApollo Investment Corporation (NASDAQ: AINV) were used to replaceand repay in full the Company's existing $525 million revolvingcredit facility that was scheduled to mature on February 2, 2020.

Genesis also said that affiliates of Welltower, Inc. and OmegaHealthcare Investors, Inc. agreed to amend and expand the Company'sexisting $124 million term loan agreement to include, among otherthings, a new $40 million term loan tranche that will be used forgeneral corporate purposes.

Back in November, the Company warned that it may be forced to seekreorganization under the U.S. Bankruptcy Code in the event it failsto obtain necessary and timely waivers or otherwise achieve fixedcharge reductions.

Genesis said last week that, with the closing of the new ABLfacility, the Company is no longer subject to a forbearanceagreement which was set to expire March 21, 2018.

"Closing the commitments is an important milestone in ourrestructuring plan," noted George V. Hager, Jr., Chief ExecutiveOfficer of Genesis, in a press statement. "Together, the new ABLfacility and expanded term loan provide us $70 million of addedliquidity, improving our financial flexibility and extending thematurity of our ABL debt capital from 2020 under our previousfacility to 2023."

$555-Mil. New Loans from MidCap & Apollo

On March 6, 2018, Genesis Healthcare and certain of itssubsidiaries entered into a Limited Waiver and Amendment No. 10 toThird Amended and Restated Credit Agreement and Fourth Amended andRestated Credit Agreement, dated as of March 6, 2018, among theCompany, the entities listed on Annex I-A thereto, the entitieslisted on Annex I-B thereto, the lenders party thereto, the L/Cissuers party thereto and MidCap Funding IV Trust, a Delawarestatutory trust, as administrative agent (as successor toHealthcare Financial Solutions, LLC) for the lenders and L/Cissuers.

$325 million closing date term loan facility, $200 million revolving credit facility, and $30 million delayed draw term loan facility.

The ABL Credit Facilities have a five-year term and the proceedswere used to refinance in full the Company's existing revolvingcredit facility with Healthcare Financial Solutions, LLC that wasscheduled to mature on February 2, 2020 and the remaining proceedswill be used for working capital and general corporate purposes.

Borrowings under the closing date term loan facility and revolvingcredit facility bear interest at a 3-month LIBOR rate (subject to afloor of 0.5%) plus an applicable margin of 6% per annum. Borrowings under the delayed term loan facility bear interest at a3-month LIBOR rate (subject to a floor of 1%) plus an applicablemargin of 11% per annum. Borrowing levels under the ABL CreditFacilities are limited to a borrowing base that is computed basedon the level of eligible accounts receivable.

The ABL Credit Agreement, among other things, (i) provides for newterm and revolving loans, (ii) modifies the interest rates and thefinancial covenants, and (iii) permits the Company and itssubsidiaries to enter into certain other transactions.

The ABL Credit Facilities are secured by a first priority lien onthe accounts receivables of the Company and certain of itssubsidiaries and certain other assets of the Company and suchsubsidiaries, and a junior lien on the assets that secure the termloan facility described below on a first priority basis, subject tocertain exceptions.

Welltower & Omega Pledge Extra $40MM

On March 6, 2018, the Company and certain of its subsidiariesentered into Amendment No. 4 to Loan Agreement, dated as of March6, 2018, in respect of the Term Loan Agreement, dated as of July29, 2016, among:

-- the Company,

-- FC-GEN Operations Investment, LLC, as the Term Borrower,

-- certain other subsidiaries of the Company party thereto,

-- HCRI Tucson Properties, Inc. and OHI Mezz Lender, LLC and any other lender party thereto, and

-- Welltower Inc., as administrative agent and collateral agent.

Pursuant to the Term Loan Amendment, the Company may borrow anadditional $40 million term loan to be used for certain debtrepayment and working capital and general corporate purposes. The2018 Term Loan will mature July 29, 2020 and bear interest at arate equal to 10% per annum, with up to 5% per annum to be paid inkind.

The Term Loan Amendment also changes the interest rate applicableto the initial loans funded on July 29, 2016 to be equal to 14% perannum, with up to 9% per annum to be paid in kind.

The Term Loan Agreement eliminates any principal amortizationpayments on any of the loans under the Term Loan Agreement prior tomaturity, effective January 31, 2018.

Among other things, the Term Loan Agreement (i) provides for thenew 2018 Term Loan, (ii) modifies interest rates and the financialcovenants, and (iii) permits the Company and its subsidiaries toenter into certain other transactions.

The term loan facility is secured by a first priority lien on theequity interests of certain subsidiaries of the Company and theTerm Borrower as well as certain other assets of the Company, theTerm Borrower and such subsidiaries, subject to certain exceptions. The term loan facility is also secured by a junior lien on theassets that secure the ABL Credit Facilities on a first prioritybasis.

Bankruptcy Avoided

In its Form 10-Q Report filed in November for the quarterly periodended September 30, 2017, Genesis disclosed that its results ofoperations have been negatively impacted by the persistent pressureof healthcare reforms enacted in recent years. This challengingoperating environment has been most acute in the Company'sinpatient segment, but also has had a detrimental effect on theCompany's rehabilitation therapy segment and its customers.

"In recent years, the Company has implemented a number of costmitigation strategies to offset the negative financial implicationsof this challenging operating environment. These strategies havebeen successful in recent years, however, the negative impact ofcontinued reductions in skilled patient admissions, shorteninglengths of stay, escalating wage inflation and professionalliability losses, combined with the increased cost of capitalthrough escalating lease payments accelerated in the third quarterof 2017," Genesis had said.

These factors caused the Company to be unable to comply withcertain financial covenants at September 30, 2017 under theRevolving Credit Facilities, the Term Loans, the Welltower BridgeLoans and the Master Lease Agreements and other agreements. TheCompany received waivers from the parties to the Term Loans, theWelltower Bridge Loans and the Master Lease Agreements at September30, 2017.

Genesis said it was engaged in discussions with its counterpartiesto its revolving credit facilities to secure a 90-day forbearanceagreement through late January 2018. In the event of a failure toobtain necessary and timely waivers or otherwise achieve the fixedcharge reductions contained in the Restructuring Plans, the Companywarned it may be forced to seek reorganization under the U.S.Bankruptcy Code.

Also in November 2017, the Company announced it had reachedpreliminary non-binding agreements with its counterparties to theWelltower Master Lease, the Sabra Master Leases, the WelltowerBridge Loans and certain other loans to strengthen significantlythe capital structure of the Company.

In February 2018, the Company provided updates with respect to theRestructuring Plans.

(A) Sabra Master Leases

In December 2017, Sabra Health Care REIT, Inc. (Sabra) completedthe sale of 20 Genesis leased assets in Kentucky, Ohio and Indiana. Genesis continues to operate these facilities with a new landlordsubject to a market based master lease.

In addition, Genesis has entered into a definitive agreement withSabra resulting in permanent and unconditional annual cash rentsavings of $19 million effective January 1, 2018. Sabra continuesto pursue and the Company continues to support Sabra's previouslyannounced sale of Genesis leased assets. At the closing of suchsales, Genesis expects to enter into lease agreements with newlandlords for a majority of the assets currently leased with Sabra.

(B) Welltower Master Lease

Genesis has entered into a definitive agreement with Welltower toamend the Welltower Master Lease. The amendment provides Genesiswith permanent and unconditional annual cash rent savings of $35million effective January 1, 2018. Welltower continues to pursueand the Company continues to support Welltower's previouslyannounced sale of Genesis leased assets. At the closing of anysuch sales, Genesis expects to enter into lease agreements with newlandlords for a majority of the assets currently leased withWelltower.

Pursuant to the lease amendment, the initial term of the WelltowerMaster Lease will be extended five years to January 31, 2037 andthe annual rent escalator will be reduced from approximately 2.9%currently to 2% starting in 2019. The proposed lease amendmentalso provides for a potential rent reset, conditioned uponachievement of certain upside operating metrics, effective January1, 2023. If triggered, the benefit of that upside performance isshared by both the Company and Welltower, with the incremental rentfrom the rent reset capped at $35 million.

(C) Welltower Bridge Loans

At December 31, 2017, the Company has approximately $275 million ofoutstanding real estate loans due January 1, 2022. The WelltowerBridge Loans currently carry a 10.25% cash pay interest rate thatincreases by 0.25% annually on January 1.

Genesis has entered into a definitive agreement with Welltower toamend the Welltower Bridge Loan agreements. The proposedamendments adjust the annual interest rate beginning February 15,2018 to 12%, of which 7% will be paid in cash and 5% will bepaid-in-kind. In connection with the proposed amendments, Genesishas agreed to make commercially reasonable efforts to securecommitments by April 1, 2018 to repay no less than $105 million ofthe Welltower Bridge Loan obligations. The Company continues tomake progress on a number of refinancing and asset saletransactions in order to secure such commitments.

Genesis noted at that time that, in the event the Company isunsuccessful securing such commitments or otherwise reducing theoutstanding obligation of the Welltower Bridge Loans, the cash paycomponent of the amended interest rate will be increased byapproximately $2 million annually.

(D) Issuance of Warrants

In connection with the entry into an Omnibus Agreement dated as of February 21, 2018, with Welltower, Welltower TRS HoldcoLLC, a subsidiary of Welltower, and OHI Mezz Lender, a subsidiaryof Omega Healthcare Investors, pursuant to which Welltower andOmega Subsidiary have committed to provide up to $40 million in newterm loans to the Company, Genesis agreed that it will issueWelltower Subsidiary a warrant to purchase 900,000 shares of theCompany's Class A Common Stock (subject to anti-dilutionprovisions), par value $0.001 per share, at an exercise price equalto the greater of (i) $1.00 per share and (ii) the closing price ofthe Company's Class A Common Stock on the trading day that the TermLoan Upsize is consummated.

Issuance of the WT Warrant is subject to the satisfaction ofcertain conditions, including, among others, (i) complete repaymentor conversion to equity or forgiveness of the Company's real estatebridge loans, (ii) consummation of the sale of certain assets suchthat the Company's rent obligations pursuant to the Master Lease isless than $15 million, and (iii) full repayment of any remainingamounts owed by the Company to Omega Subsidiary.

The WT Warrant may be exercised at any time during the periodcommencing six months from the date of issuance and ending fiveyears from the date of issuance.

Additionally, the Company has agreed that it will, in considerationfor the Term Loan Upsize, issue Omega Subsidiary or an affiliatethereof a warrant (the "Omega Subsidiary Warrant") to purchase600,000 shares of the Company's Class A Common Stock (subject toanti-dilution provisions), par value $0.001 per share, at anexercise price equal to the greater of (i) $1.00 per share and (ii)the closing price of the Company's Class A Common Stock on thetrading day that the Term Loan Upsize is consummated.

Issuance of the Omega Subsidiary Warrant is subject to the closingof the Term Loan Upsize and, once issued, the Omega SubsidiaryWarrant may be exercised at any time during the period commencingsix months from the date of issuance and ending five years from thedate of issuance.

The WT Warrant and the Omega Subsidiary Warrant will be issued in atransaction exempt from the registration requirement of theSecurities Act of 1933 pursuant to Section 4(a)(2) thereof andRegulation D promulgated thereunder.

Separately, on December 22, 2017, the Company amended a masterlease with Omega pursuant to which the Company leases 50 skillednursing facilities. As part of the transaction, the Company issuedto an affiliate of Omega a warrant, dated as of December 31, 2017,to purchase 900,000 shares of the Company's Class A Common Stock at$1.00 per share (the "Omega Warrant"). The number of sharesissuable upon exercise is subject to adjustment pursuant to theterms of the Omega Warrant, and the Omega Warrant may be exercisedat any time during the term commencing on August 1, 2018 and endingon December 30, 2022. The Omega Warrant was issued in atransaction exempt from the registration requirement of theSecurities Act of 1933 pursuant to Section 4(a)(2) thereof andRegulation D promulgated thereunder.

NYSE Compliance

On March 1, 2018, Genesis received written notification from theNew York Stock Exchange confirming that Genesis has regainedcompliance with the continued listing standard set forth in Section802.01C of the NYSE Listed Company Manual. Genesis regainedcompliance under Section 802.01C after its closing share price onFebruary 28, 2018 and its average closing share price for the 30trading-day period ending February 28 both exceeded $1.00.

About Midcap Financial

MidCap Financial -- http://www.midcapfinancial.com/-- is a middle market-focused, specialty finance firm that provides senior debtsolutions to companies across all industries. It provides a broadarray of products intended to finance growth and manage workingcapital. The company is headquartered in Bethesda, MD, with officesin Chicago and Los Angeles.

Apollo Investment Corporation (NASDAQ: AINV) --http://www.apolloic.com/-- is a closed-end investment company that has elected to be treated as a business development company underthe Investment Company Act of 1940. The Company invests primarilyin various forms of debt investments, including secured andunsecured debt, loan investments, and/or equity in privatemiddle-market companies. The Company may also invest in thesecurities of public companies and structured products and otherinvestments such as collateralized loan obligations andcredit-linked notes. The Company seeks to provide privatefinancing solutions for private companies that do not have accessto the more traditional providers of credit. Apollo InvestmentCorporation is managed by Apollo Investment Management, L.P., anaffiliate of Apollo Global Management, LLC, a leading globalalternative investment manager.

About Genesis HealthCare

Genesis HealthCare (NYSE: GEN) -- http://www.genesishcc.com/-- is a holding company with subsidiaries that, on a combined basis,comprise one of the nation's largest post-acute care providers withmore than 450 skilled nursing facilities and assisted/senior livingcommunities in 30 states nationwide. Genesis subsidiaries alsosupply rehabilitation and respiratory therapy to more than 1,600healthcare providers in 46 states, the District of Columbia andChina.

As of Sept. 30, 2017, the Company listed $4.9 billion in totalassets against $5.5 billion in total current liabilities, $284million in long term debt, and $1.5 billion in stockholders'deficit.

GIGA-TRONICS INC: Posts $313,000 Net Loss in Third Quarter----------------------------------------------------------Giga-Tronics Incorporated filed with the Securities and ExchangeCommission its quarterly report on Form 10-Q reporting a net lossof $313,000 on $3.22 million of net sales for the three monthsended Dec. 30, 2017, compared to a net loss of $575,000 on $3.20million of net sales for the three months ended Dec. 24, 2016.

For the nine months ended Dec. 30, 2017, Giga-Tronics reported anet loss of $2.65 million on $7.45 million of net sales compared toa net loss of $1.07 million on $11.03 million of net sales for thenine months ended Dec. 24, 2016.

As of Dec. 30, 2017, Giga-Tronics had $8.17 million in totalassets, $8.76 million in total liabilities and a totalshareholders' deficit of $586,000.

The Company also provided guidance for the fourth quarter of fiscal2018, which will end on March 31, 2018. Net sales for the fourthquarter are expected to be in the range of $1.9 million to $2.1million, compared to $2.0 million, $2.2 million and $3.2 millionreported in the first, second and third quarters of fiscal 2018,respectively, and the $5.2 million reported in the fourth quarterof fiscal 2017. The foregoing guidance is based on management'scurrent review of operations for the fourth quarter of fiscal 2018,and remain subject to change based on actual results, and subjectto review by the Company's independent accountants.

John Regazzi, the Company's CEO said, "I'm pleased to see theeffect of the Company's cost cutting efforts on our operatingresults. Additionally, our third quarter fiscal 2018 expensesincluded a final non-cash charge ($431,000) which completes theamortization of our ASG TEmS related capitalized software whichwill help improve our margins going forward. We believe ourpipeline for additional ASG orders along with the significantbacklog we have for YIG RADAR filters will further assist in ourgoal of returning Giga-tronics to profitability within the firsthalf of fiscal 2019."

A full-text copy of the Form 10-Q is available for free at:

https://is.gd/QKUQhY

About Giga-tronics

Headquartered in Dublin, California, Giga-tronics Incorporatedproduces electronic warfare instruments used in the defenseindustry and YIG RADAR filters used in fighter jet aircraft. Itdesigns, manufactures and markets the new Advanced Signal Generator(ASG) for the electronic warfare market, and switching systems thatare used in automatic testing systems primarily in aerospace,defense and telecommunications.

Giga-tronics reported a net loss of $1.54 million on $16.26 millionof net sales for the fiscal year ended March 25, 2017, compared toa net loss of $4.10 million on $14.59 million of net sales for theyear ended March 26, 2016.

GLASGOW EQUIPMENT: Taps Timothy H. Kenney as Special Counsel------------------------------------------------------------Glasgow Equipment Service, Inc. seeks approval from the U.S.Bankruptcy Court for the Southern District of Florida to hireTimothy H. Kenney, P.A. as its special counsel.

The firm will provide legal services to the Debtor in connectionwith the sale of its real property located at 1750 Hill Avenue,West Palm Beach, Florida; and advise the Debtor on corporatematters.

Timothy Kenney, Esq., and Lindsay Demmery, Esq., the attorneys whowill be providing the services, will each charge an hourly fee of$325.

Mr. Kenney disclosed in a court filing that his firm does notrepresent or hold any interest adverse to the Debtor and itsestate.

The 'C' the issue-level rating and '6' recovery ratings on thecompany's $325 million 9.625% senior unsecured notes due April 15,2020, are unchanged.

S&P said, "Following the refinancing and based on our currentexpectation to raise the corporate credit rating to 'CCC+', weexpect to raise the issue-level rating on the ABL revolver to 'B'and affirm the '1' recovery rating. We also expect to withdraw theratings on the existing unsecured notes, and assign a 'CCC-'issue-level and '6' recovery ratings to the new notes."

On March 12, 2018, Guitar Center announced refinancing transactionsfor its secured debt and an exchange offer for its unsecured notes.S&P considers the debt exchange offer to be a distressedtransaction. The company plans to issue $635 million 9.5% seniorsecured notes due 2021, and use the proceeds along with cash torefinance the existing $615 million 6.5% senior secured notes andthe company is seeking to amend and extend the maturity of its ABLrevolver by three years.

The negative outlook reflects S&P's expectation that, once the debtexchange is completed, it will lower the corporate credit rating to'SD' and the issue-level rating on the senior unsecured notes to'D'. Shortly thereafter, S&P expects to raise the corporate creditrating to 'CCC+' that reflects the risk of a conventional default.

GULF COAST MARITIME: Taps Neville Peterson LLP as Special Counsel-----------------------------------------------------------------Gulf Coast Maritime Supply, Inc. received approval from the U.S.Bankruptcy Court for the Southern District of Texas to hire NevillePeterson LLP as special counsel.

Services to be rendered by Neville Paterson are:

a) advise the Debtor with respect to customs laws and traderegulations;

b) assist the Debtor in its consultations relative to customslaws and trade regulations and their effect on the administrationof this case;

c) assist the Debtor in analyzing the claims of TTB;

d) assist the Debtor in negotiations with TTB and otheragencies concerning matters relating to, among other things, theDebtor's Permits and operations; and

e) perform such other legal services as may be required andare deemed to be in the interests of the Debtor in accordance withthe Debtor's powers and duties as set forth in the BankruptcyCode.

Michael K. Tomenga, Of Counsel to Neville Peterson LLP, atteststhat his firm is a "disinterested person" as that term is definedin Sec. 101(14) of the Bankruptcy Code.

The attorneys who will be handling the case and their hourly ratesare:

Gulf Coast Maritime Supply, Inc., is a corporation in Houston,Texas, that acquires untaxed alcohol and tobacco products and sellsthem to commercial vessels for consumption while at sea. Thecompany has held alcohol and tobacco permits since 1973.

HARVEY GULF: Davis Polk Serves as Adviser on Ch.11 Restructuring----------------------------------------------------------------Davis Polk is advising the administrative agent and working with asteering committee of lenders holding the majority of the loansunder HGIM Holdings, LLC's $1.2 billion prepetition secured creditfacility in connection with a comprehensive restructuring to beimplemented through a prepackaged chapter 11 plan of reorganizationfiled with the Bankruptcy Court for the Southern District ofTexas.

On Feb. 8, 2018, the administrative agent and a substantialmajority of the lenders entered into a Restructuring SupportAgreement, pursuant to which approximately 70% of the secured debtunder the prepetition facility will be equitized in the form ofshares and warrants and lenders will receive notes under a new $350million exit facility. On Feb. 22, 2018, Harvey Gulf's principalequity holder also signed onto the Restructuring Support Agreementand agreed to contribute to Harvey Gulf its 41.3% stake in ashipyard that builds and stores vessels for Harvey Gulf in exchangefor $16 million and warrants for equity in the reorganized HarveyGulf. On March 7, 2018, Harvey Gulf filed voluntary chapter 11petitions in the Bankruptcy Court for the Southern District ofTexas and on March 8, 2018, Harvey Gulf filed its chapter 11 planof reorganization. The prepackaged plan enjoys the support oflenders holding an overwhelming majority of the equitizing claims.

The chapter 11 filing and successful solicitation of Harvey Gulf'sprepackaged plan represent the culmination of more than nine monthsof work on the part of the administrative agent, its steeringcommittee and numerous other stakeholders of Harvey Gulf. Bydeleveraging Harvey Gulf's capital structure, forming a new boardof directors and restructuring Harvey Gulf's relationship with theGulf Coast Shipyard, the plan clears the way for Harvey Gulf toemerge as a stable industry leader. The Davis Polk team played aleading role on behalf of the lenders in designing, negotiating,documenting and implementing the RSA and the chapter 11 plan.

Harvey Gulf is a provider of offshore supply vessels and marinesupport services to support offshore oil and gas exploration andproduction and is headquartered in New Orleans, Louisiana. HarveyGulf provides offshore production and drilling vessel supportservices, including the transportation of supplies, equipment andpersonnel to support drilling and production activities, offshoreconstruction, remotely operated underwater vehicles and subseasupport services and a variety of other specialized vesselservices.

The Davis Polk restructuring team includes partner Damian S.Schaible and associates Angela M. Libby and Benjamin M. Schak. Thecredit team includes partner Jinsoo H. Kim. The mergers andacquisitions team includes partners William L. Taylor and StephenSalmon and associate Faizan A. Tukdi. The executive compensationteam includes counsel Ron M. Aizen. The capital markets teamincludes partner Derek Dostal. The tax team includes partnerKathleen L. Ferrell. Members of the Davis Polk team are based inthe New York and Northern California offices.

* * *

As reported by the Troubled Company Reporter on Mar 12, 2018, S&PGlobal Ratings lowered its corporate credit rating on U.S.-basedoffshore service provider HGIM Corp. to 'D' from 'CCC-'. At thesame time, S&P lowered its issue-level rating on the company'ssenior secured debt to 'D' from 'CCC-'. The recovery ratingremains '3'. The '3' recovery rating indicates S&P's expectation ofmeaningful (50%-70%; rounded estimate: 50%) recovery in the eventof a payment default. The downgrade follows the company'sannouncement that it has voluntarily filed a prepackaged Chapter 11bankruptcy.

HEARTLAND DENTAL: Moody's Puts B3 CFR Under Review for Downgrade----------------------------------------------------------------Moody's Investors Service placed the ratings of Heartland Dental,LLC under review for downgrade. This follows the announcement thatKKR will acquire a majority interest in the company from OntarioTeachers' Pension Plan. The transaction is expected to close in thesecond quarter of 2018.

While financing details have not been provided, Moody's believesthe company will have higher financial leverage following theleveraged buyout. The rating review will focus on the posttransaction capital structure and the company's operatingperformance. If the company's leverage and risk profile is notmaterially weakened by the transaction, it is likely the CFR willbe confirmed.

RATINGS RATIONALE

Excluding the announced acquisition by KKR, Heartland's B3Corporate Family Rating reflects the company's high financialleverage, aggressive growth strategy and modest interest coverage.The rating is supported by Heartland's position as the largestdental support organization in the US, good diversity acrossservices and geographies, and the favorable trends within thedental support services industry.

The principal methodology used in these ratings was Business andConsumer Service Industry published in October 2016.

Heartland provides support staff and business support functionsunder administrative service agreements to its affiliated dentalpractices. Heartland has revenues of about $1.3 billion.

HOPEWELL RISK: Taps Hoffman & Saweris as Legal Counsel------------------------------------------------------Hopewell Risk Strategies, LLC, seeks approval from the U.S.Bankruptcy Court for the Southern District of Texas to hire Hoffman& Saweris, p.c., as its legal counsel.

The firm will advise the Debtor regarding its duties under theBankruptcy Code; conduct examinations; give advice regarding thereorganization of its assets and liabilities through the bankruptcycourt; assist in the preparation of a plan of reorganization; andprovide other legal services related to its Chapter 11 case.

Matthew Hoffman, Esq., and Alan Brian Saweris, Esq., the attorneyswho will be handling the case, charge $335 per hour and $235 perhour, respectively. Paralegals charge an hourly fee of $60.

The firm received retainers from the Debtor in the total amount of$46,500, plus $1,717 for the filing fee.

Mr. Hoffman, a principal of Hoffman & Saweris, disclosed in a courtfiling that he does not hold or represent any interest adverse tothe Debtor or its estate.

HOVNANIAN ENTERPRISES: Reports Fiscal 2018 Q1 Net Loss of $30.8M----------------------------------------------------------------Hovnanian Enterprises, Inc., filed with the Securities and ExchangeCommission its quarterly report on Form 10-Q reporting a net lossof $30.81 million on $417.16 million of total revenues for thethree months ended Jan. 31, 2018, compared to a net loss of$143,000 on $552 million of total revenues for the three monthsended Jan. 31, 2017.

Homebuilding revenues for unconsolidated joint ventures decreased9.8% to $58.6 million for the first quarter ended Jan. 31, 2018,compared with $64.9 million in last year's first quarter.

Homebuilding gross margin percentage, after interest expense andland charges included in cost of sales, was 14.8% for the firstquarter of fiscal 2018 compared with 13.5% in the prior year'sfirst quarter.

Homebuilding gross margin percentage, before interest expense andland charges included in cost of sales, was 17.9% for the firstquarter of fiscal 2018 compared with 17.2% in the same period oneyear ago.

Total SG&A was $62.4 million, or 14.9% of total revenues, in thefirst quarter of fiscal 2018 compared with $60.1 million, or 10.9%of total revenues, in the first quarter of fiscal 2017.

Interest incurred (some of which was expensed and some of which wascapitalized) was $41.2 million for the first quarter of fiscal 2018compared with $38.7 million in the same quarter one year ago.

Total interest expense was $41.4 million in the first quarter offiscal 2018 compared with $40.9 million in the first quarter offiscal 2017.

Loss before income taxes for the quarter ended Jan. 31, 2018 was$30.5 million compared to income before income taxes of $0.3million during the first quarter of fiscal 2017.

For the quarter ended Jan. 31, 2018, deliveries, includingunconsolidated joint ventures, decreased 18.4% to 1,141 homescompared with 1,398 homes during the first quarter of fiscal 2017.Consolidated deliveries were 1,025 homes for the first quarter offiscal 2018, a 20.5% decrease compared with 1,290 homes during thesame quarter a year ago.

The contract cancellation rate, including unconsolidated jointventures, was 20% in both the first quarter of fiscal 2018 and thefirst quarter of fiscal 2017. The consolidated contractcancellation rate for the three months ended Jan. 31, 2018 was 18%,compared with 19% in the first quarter of the prior year.

As of Jan. 31, 2018, Hovnanian had $1.64 billion in total assets,$2.13 billion in total liabilities and a total stockholders'deficit of $491.2 million.

Total liquidity at the end of the first quarter of fiscal 2018 was$292.0 million.

As of Jan. 31, 2018, consolidated lots controlled increasedsequentially to 27,183 from 25,329 lots at Oct. 31, 2017 andincreased year over year from 26,234 lots at Jan. 31, 2017. Thetotal consolidated land position was 27,183 lots, consisting of14,260 lots under option and 12,923 owned lots, as of Jan. 31,2018.

In the first quarter of fiscal 2018, approximately 3,400 lots wereput under option or acquired in 39 communities, includingunconsolidated joint ventures.

The Company paid off $56.0 million principal amount of debt thatmatured on Dec. 1, 2017.

"For the first time in two years, we increased the number of totallots we controlled, which should ultimately lead to communitycount, revenue and profit growth," stated Ara K. Hovnanian,chairman of the Board, president and chief executive officer."Hovnanian's position is further strengthened by our recentfinancing transactions with GSO, along with a commitment for anadditional $216 million of capital from GSO which together extendour debt maturities and provide additional stability to our capitalstructure."

"The Company remains in a transition period due to the adverseimpacts from having to pay off $320 million of debt in late 2015and 2016 when the high yield market was closed to us and othercompanies with similar credit ratings. As a result, we were unableto replenish our land position sufficiently in 2016 and 2017. Thisled to a reduction in community count and revenues, impacting ouroverall profitability. We are confident the most challengingquarter for fiscal 2018 is behind us and we expect future quartersthis year should yield improved operating results, as we continueto rebuild our company," concluded Mr. Hovnanian.

Hovnanian's homebuilding cash balance at Jan. 31, 2018 decreased$185.5 million from Oct. 31, 2017. In addition to using $56.0million to pay down debt during the period, the Company spent$158.8 million on land and land development. After consideringthis land and land development and all other operating activities,including revenue received from deliveries, the Company used $82.5million of cash from operations. During the first quarter offiscal 2018, cash provided by investing activities was $41.1million, primarily related to the sale of our corporateheadquarters building, along with distributions from a jointventure. Cash used in financing activities was $145.6 millionduring the first quarter of fiscal 2018 which included payments fordebt maturities, $13.0 million to pay-off nonrecourse mortgageloans on our corporate headquarters, $23.4 million for land bankingand model sale leaseback programs and a $51.5 million reduction inmortgage warehouse lines of credit. The Company intends tocontinue to use nonrecourse mortgage financings, model saleleaseback, joint ventures, and, subject to covenant restrictions inits debt instruments, land banking programs as its business needsdictate.

Hovnanian's cash uses during the three months ended Jan. 31, 2018and 2017 were for operating expenses, land purchases, landdeposits, land development, construction spending, debt payments,state income taxes, interest payments and investments in jointventures. During these periods, the Company provided for its cashrequirements from available cash on hand, housing and land sales,model sale leasebacks, land banking transactions, joint ventures,financial service revenues and other revenues. The Companybelieves that these sources of cash taken together with therefinancing transactions will be sufficient through fiscal 2018 tofinance its working capital requirements.

Recent Financing transactions:

* Refinanced $133 million of 7.0% senior notes due 2019, with a 5% unsecured term loan maturing in 2027 from GSO Capital Partners LP, Blackstone's credit platform, and certain funds managed or advised by it.

* Accepted $170 million of 8.0% senior notes due 2019 tendered in an exchange offer for the issuance of $91 million of 13.5% unsecured notes due 2026, $90 million of 5.0% unsecured notes due 2040 and $27 million of cash for the purchase of $26 million of the tendered 8.0% senior notes. An additional 5.0% unsecured term loan commitment from GSO Entities will be used to refinance $66 million of 8.0% senior notes.

* Commitment for $125 million senior secured revolver/term loan from GSO Entities, which it intends to draw in September 2018 to repay the $75 million super priority term loan due in 2019 and to provide $50 million of incremental

liquidity.

* In January 2019, additional liquidity provided by $25 million commitment from GSO Entities to purchase additional 10.5% senior secured notes due 2024, at a price approximating the then prevailing yield, which today would be approximately 8%.

* Received consent from 10.5% senior secured note holders to eliminate restrictions on its ability to repurchase or acquire its unsecured notes.

A full-text copy of the Form 10-Q is available for free at:

https://is.gd/vsvUqX

About Hovnanian Enterprises

Hovnanian Enterprises, Inc., founded in 1959 by Kevork S.Hovnanian, is headquartered in Red Bank, New Jersey. The Companyis a homebuilder with operations in Arizona, California, Delaware,Florida, Georgia, Illinois, Maryland, New Jersey, Ohio,Pennsylvania, South Carolina, Texas, Virginia, Washington, D.C. andWest Virginia. The Company's homes are marketed and sold under thetrade names K. Hovnanian Homes, Brighton Homes and ParkwoodBuilders. As the developer of K. Hovnanian's Four Seasonscommunities, the Company is also one of the nation's largestbuilders of active lifestyle communities.

Hovnanian Enterprises reported a net loss of $332.2 million for theyear ended Oct. 31, 2017, a net loss of $2.81 million for the yearended Oct. 31, 2016, and a net loss of $16.10 million for the yearended Oct. 31, 2015.

* * *

In February 2018, Moody's Investors Service upgraded Hovnanian'scorporate family rating to 'Caa1' from 'Caa2' as the Company hasmade strides in reducing its near-to-midterm refinancing risk. Moody's believes that Hovnanian generates sufficient unleveragedfree cash flow to cover its interest burden in the next 12 to 18months.

Also in February 2018, S&P Global Ratings raised its corporatecredit rating on Hovnanian Enterprises to 'CCC+' from 'SD'(selective default). The rating outlook is stable. "The upgradeof Hovnanian reflects our reassessment following a refinancingtransaction in which the company completed a partial debt exchange,whereby holders of about $170 million of its 8% senior notes due2019 exchanged their debt for $90.6 million 13.5% unsecured notesdue 2026, $90.1 million 5% unsecured notes due 2040, and $26.5million in cash. We viewed the exchange as distressed since thenew securities' maturities extend beyond the original securitiesand because we believed there was a realistic possibility of aconventional default."

In January 2018, Fitch downgraded Hovnanian's Issuer Default Rating(IDR) to 'C' from 'CCC' following the company's announcement thatit will be exchanging up to $185 million of its $236 million 8%senior unsecured notes due Nov. 1, 2019 for a combination of cash,new 13.5% senior unsecured notes due 2026 and new 5% seniorunsecured notes due 2040.

HUMANIGEN INC: Nantahala Capital Has 9.7% Stake as of Dec. 31-------------------------------------------------------------Nantahala Capital Management, LLC may be deemed to be thebeneficial owner of 1,450,000 shares of common stock of Humanigen,Inc., held by funds and separately managed accounts under itscontrol and as the managing members of Nantahala, each of Messrs.Wilmot B. Harkey and Daniel Mack may be deemed to be a beneficialowner of those Shares. As of Dec. 31, 2017, each of the ReportingPersons may be deemed to be the beneficial owner of 9.7% of thetotal number of Shares outstanding (based upon information providedby the Issuer on Form 10-Q filed Nov. 17, 2017, there were14,986,712 Shares outstanding as of Nov. 10, 2017).

A full-text copy of the regulatory filing is available at:

https://is.gd/UneNEO

About Humanigen, Inc.

Formerly known as KaloBios Pharmaceuticals, Inc., Humanigen, Inc.(OTCQB: HGEN), -- http://www.humanigen.com/-- is a biopharmaceutical company focused on advancing medicines forpatients with neglected and rare diseases through innovative,accelerated business models. Lead compounds in the portfolio arebenznidazole for the potential treatment of Chagas disease in theU.S., and the proprietary monoclonal antibodies, lenzilumab andifabotuzumab. Lenzilumab has potential for treatment of variousrare diseases, including hematologic cancers such as chronicmyelomonocytic leukemia (CMML) and juvenile myelomonocytic leukemia(JMML). Humanigen is based in Brisbane, California.

KaloBios filed a voluntary petition for bankruptcy protection underChapter 11 of Title 11 of the United States Bankruptcy Code (Bankr.D. Del. Case No. 15-12628) on Dec. 29, 2015. The Company wasrepresented by Eric D. Schwartz of Morris, Nichols, Arsht &Tunnell. KaloBios emerged from Chapter 11 bankruptcy six monthslater.

HORNE LLP, in Ridgeland, Mississippi, issued a "going concern"qualification on the consolidated financial statements for the yearended Dec. 31, 2016, noting that the Company has recurring lossesfrom operations that raise substantial doubt about its ability tocontinue as a going concern.

KaloBios reported a net loss of $27.01 million in 2016 following anet loss of $35.37 million in 2015. As of Sept. 30, 2017,Humanigen had $2.56 million in total assets, $24.14 million intotal liabilities and a total stockholders' deficit of $21.57million.

ICONIX BRAND: Monecor Holds 8.7% Stake as of Dec. 31----------------------------------------------------Monecor (London) Limited (trading as ETX CAPITAL) disclosed in aSchedule 13G filed with the Securities and Exchange Commission thatas of Dec. 31, 2017, it beneficially owns 5,001,575 shares ofcommon stock of Iconix Brand Group Inc., constituting 8.74 percentof the shares outstanding. A full-text copy of the regulatoryfiling is available for free at https://is.gd/jc4ktU

About Iconix Brand

Broadway, New York-based Iconix Brand Group, Inc. --http://www.iconixbrand.com/-- is a brand management company and owner of a diversified portfolio of over 30 global consumer brandsacross the women's, men's, entertainment, home and internationalsegments. The Company's business strategy is to maximize the valueof its brands primarily through strategic licenses and jointventure partnerships around the world, as well as to grow theportfolio of brands through strategic acquisitions.

Iconix reported a net loss attributable to the Company of $252.1million in 2016 following a net loss attributable to the Company of$189.3 million in 2015. As of Sept. 30, 2017, Iconix had $1.08billion in total assets, $1.13 billion in total liabilities, $30.72million in redeemable non-controlling interest, and a $77.66million total stockholders' deficit.

"Due to certain developments, including the recent decision byTarget Corporation not to renew the existing Mossimo licenseagreement and by Walmart, Inc., not to renew the existingDanskinNow license agreement with us and our revised forecastedfuture earnings, we forecasted that we would be unlikely to be incompliance with certain of our financial debt covenants in 2018 andthat we may face possible liquidity challenges in 2018. Thisraises substantial doubt about our ability to continue as a goingconcern. Our ability to continue as a going concern is dependenton our ability to raise additional capital and implement ourbusiness plan," said the Company in its quarterly report for theperiod ended Sept. 30, 2017.

IHEARTMEDIA INC: Lenders Extend Forbearance Deal Until March 13---------------------------------------------------------------iHeartMedia, Inc., disclosed on Tuesday that a group of thecompany's lenders have agreed to extend the term of the parties'Forbearance Agreements to the earliest to occur of (i) March 13,2018 at 11:59 p.m. Central time and (ii) an event of default underthe Company's Credit Agreements other than those that resulted inthe entry into the Forbearance Agreement.

On March 4 and March 7, iHeartCommunications, Inc., an indirectsubsidiary of iHeartMedia, and the Consenting Lenders entered intoForbearance Agreements, with respect to the Credit Agreement, datedas of May 13, 2008, as amended and restated as of February 23,2011, among iHeartCommunications, as the parent borrower, thesubsidiary co-borrowers and foreign subsidiary revolving borrowersparty thereto, iHeartMedia Capital I, LLC, as holdings, Citibank,N.A., as administrative agent, swing line lender and letter ofcredit issuer, and the other the lenders from time to time partythereto.

iHeartCommunications has been engaged in ongoing discussions withits stakeholders with respect to the restructuring of its capitalstructure. In connection with such discussions, iHeartMedia andiHeartCommunications have been working on a proposed draftrestructuring support agreement and related proposed draftrestructuring term sheet with advisors to groups ofiHeartCommunications' noteholders, lenders and equity holders.

Revised versions of the draft restructuring support agreement andrelated draft restructuring term sheet reflecting furthernegotiations with the advisors have been shared by the advisorswith the groups they represent.

iHeartMedia said no agreement has been reached with respect to thediscussions, and the talks remain ongoing. iHeartMedia willcontinue to work with its principal creditor and equityconstituents to develop a consensual transaction to allocateconsideration among its various stakeholders. There can be noassurances that a consensual transaction or any agreement will bereached.

Texas Filing

The Company is expected to commence bankruptcy proceedings any dayfrom now once the talks are concluded. In the revised proposalsfiled this week, the Company said it intends to file bankruptcypetitions in the United States Bankruptcy Court for the SouthernDistrict of Texas.

Under the revised proposals, iHeartMedia will spin off the ClearChannel Outdoor Holdings business on the effective date of therestructuring and the holders of the Term Loan Credit FacilityClaims and PGN Claims will become the new owners of the unit.

Post-Bankruptcy Capital Structure

According to the revised documents, iHeartMedia proposes that as ofthe Restructuring Effective Date, the Company's pro forma exitcapital structure will consist of:

-- $[________] in senior secured asset-based revolving credit facility on terms reasonably acceptable to the Company Parties and the Required Consenting Senior Creditors, and set forth in a supplement to the Plan, sufficient to fund the distributions required by the Plan.

-- $5.750 billion in principal amount of secured debt on terms reasonably acceptable to the Company Parties and the Required Consenting Senior Creditors, and set forth in a supplement to the Plan. The Company Parties and the Required Consenting Senior Creditors shall consult with the 2021 Noteholder Group and the Consenting Sponsors with respect to the terms of the New Secured Debt.

iHeartMedia's proposed chapter 11 plan will provide for thistreatment of claims against the Debtors:

$[371],000,000 ABL Facility Claims

To the extent not already satisfied in full during the chapter 11 cases, on or as soon as reasonably practicable following the Restructuring Effective Date, each holder of a Claim on account of the ABL Facility will, in full and final satisfaction, compromise, settlement, release, and discharge of and in exchange for such ABL Facility Claim, be reinstated pursuant to section 1124 of the Bankruptcy Code or receive payment in full in cash.

Each holder of a Term Loan Credit Facility Claim or 2019 PGN Claim will receive, in full and final satisfaction, compromise, settlement, release, and discharge of and in exchange for the Term Loan Credit Facility Claim or 2019 PGN Claim, its pro rata share and interest in (the "Supplemental Term Loan/2019 PGN Distribution"):

(a) $131 million in principal amount of New SecuredDebt to be issued by Reorganized iHeart pursuant to the Plan upon the occurrence of the Restructuring Effective Date; and

(b) a distribution of (i) Special Warrants, (ii) Reorganized iHeart Common Stock, or (iii) a combination of Special Warrants and Reorganized iHeart Common Stock, which (inclusive of the shares of Reorganized iHeart Common Stock that may be received in connection with the exercise of the Special Warrants) will constitute, in the aggregate, 2.21% of the Reorganized iHeart Common Stock, subject to dilution on account of the Post-Emergence Equity Incentive Program; plus

its pro rata share (calculated together with the Other PGN Claims) and interest in:

(c) $5.419 billion in principal amount of NewSecured Debt to be issued by Reorganized iHeart pursuant to the Plan upon the occurrence of the Restructuring Effective Date;

(d) all excess cash estimated after payment of,among other things, all Restructuring Transaction costs and after consideration of a reserve for minimum liquidity for Reorganized iHeart, which reserve shall be in an amount agreed upon between the Company Parties and the Required Consenting Senior Creditors by the date of the entry of an order approving the Disclosure Statement;

(e) a distribution of (i) Special Warrants,(ii) Reorganized iHeart Common Stock, or (iii) a combination of Special Warrants and Reorganized iHeart Common Stock, which (inclusive of the shares of Reorganized iHeart Common Stock that may be received in connection with the exercise of the Special Warrants) will constitute, in the aggregate, 91.79% of the Reorganized iHeart Common Stock, subject to dilution on account of the Post-Emergence Equity Incentive Program; and

(f) 100% of the common equity in CCOH owned bythe Company Parties or their subsidiaries.

$[4,752],000 Other PGN Claims

Each holder of an Other PGN Claim will receive, in full and final satisfaction, compromise, settlement, release, and discharge of and in exchange for such Other PGN Claim, its pro rata share (calculated together with the Term Loan Credit Facility Claims and 2019 PGN Claims) and interest in:

(a) $5.419 billion in principal amount of NewSecured Debt to be issued by Reorganized iHeart pursuant to the Plan upon the occurrence of the Restructuring Effective Date;

(b) all excess cash estimated after payment of,among other things, all Restructuring Transaction costs and after consideration of a reserve for minimum liquidity for Reorganized iHeart, which reserve shall be in an amount agreed upon between the Company Parties and the Required Consenting Senior Creditors by the date of the entry of an order approving the Disclosure Statement;

(c) a distribution of (i) Special Warrants, (ii) Reorganized iHeart Common Stock, or (iii) a combination of Special Warrants and Reorganized iHeart Common Stock, which (inclusive of the shares of Reorganized iHeart Common Stock that may be received in connection with the exercise of the Special Warrants) will constitute, in the aggregate, 91.79% of the Reorganized iHeart Common Stock, subject to dilution on account of the Post-Emergence Equity Incentive Program; and

(d) 100% of the common equity in CCOH owned by theCompany Parties or their subsidiaries.

$[2,235],000,000 2021 Notes $[532],000,000 Legacy Notes

Each holder of a 2021 Notes Claim or Legacy Claim will receive, in full and final satisfaction, compromise, settlement, release, and discharge of and in exchange for such 2021 Notes Claim or Legacy Claim, its pro rata share and interest in:

(a) $200 million in principal amount of New SecuredDebt to be issued by Reorganized iHeart pursuant to the Plan upon the occurrence of the Restructuring Effective Date; and

(b) a distribution of (i) Special Warrants, (ii) Reorganized iHeart Common Stock, or (iii) a combination of Special Warrants and Reorganized iHeart Common Stock, which (inclusive of the shares of Reorganized iHeart Common Stock that may be received in connection with the exercise of the Special Warrants) will constitute, in the aggregate, 5.0% of the Reorganized iHeart Common Stock, subject to dilution on account of the Post-Emergence Equity Incentive Program. Any Special Warrants shall have a nominal exercise price.

General Unsecured Claims

To be agreed to among the Company Parties and the Required Consenting Senior Creditors.

Equity Interests

Each holder of an Equity Interest will receive, in full and final satisfaction, compromise, settlement, release, and discharge of and in exchange for such Equity Interest, its pro rata share and interest in a distribution of (i) Special Warrants, (ii) Reorganized iHeart Common Stock, or (iii) a combination of Special Warrants and Reorganized iHeart Common Stock, which (inclusive of the shares of Reorganized iHeart Common Stock that may be received in connection with the exercise of the Special Warrants) will constitute, in the aggregate, 1.0 percent of the Reorganized iHeart Common Stock, subject to dilution on account of the Post-Emergence Equity Incentive Program.

CCOH Due From Claims

All claims held by CCOH against iHeartCommunications, Inc., pursuant to the terms of the intercompany revolving promissory note will receive treatment in a form and substance acceptable to the Company Parties, CCOH, and the Required Consenting Senior Creditors.

Bankruptcy Case Milestones

iHeartMedia proposes this timetable:

45 days from Petition Date

The Plan, Disclosure Statement, and a motion for approval of the Disclosure Statement, all in form and substance reasonably acceptable to the Company Parties and Consenting Stakeholders as provided in the RSA, shall be filed;

70 days of the filing of the Plan and Disclosure Statement

An order approving the Disclosure Statement will be entered by the Bankruptcy Court, provided that this milestone may be extended twice, with the first extension being a 20-day period in the Company Parties' sole discretion and the second extension being a 20-day period, upon the Company Parties certifying to the Required Consenting Senior Creditors of the existence of a legitimate, non-binding expression of interest from a qualified third party in a Consistent Alternative Transaction prior to each such extension or with the agreement of the Required Consenting Senior Creditors;

75 days upon approval of the Disclosure Statement

An order confirming the Plan shall be entered by the Bankruptcy Court; and

365 days after the petition date

The Restructuring Effective Date will occur, provided that the Parties shall negotiate in good faith for a reasonable extension of the Outside Date if the Parties have otherwise complied with the terms of the Definitive Documents and all other events and actions necessary for the occurrence of the Restructuring Effective Date have occurred other than the receipt of regulatory or other approval of a governmental unit necessary for the occurrence of the Restructuring Effective Date.

The ad hoc group of holders of Term Loan Credit Facility Claims andPGN Claims are represented by Jones Day and PJT Partners LP.

The ad hoc group of holders of Term Loan Credit Facility Claims arerepresented by Arnold & Porter Kaye Scholer LLP and Ducera PartnersLLC.

A copy of iHeartMedia's Proposed Draft Restructuring SupportAgreement, dated March 12, 2018, is available athttps://is.gd/zivSL6

A copy of iHeartMedia's Proposed Draft Restructuring Term Sheet,dated March 12, 2018, is available at https://is.gd/ALfnJV

About iHeartMedia, Inc. and iHeartCommunications, Inc.

iHeartMedia, Inc. (PINK:IHRT), the parent company ofiHeartCommunications, Inc., is a global media and entertainmentcompany. Based in San Antonio, Texas, iHeartCommunicationsspecializes in radio, digital, outdoor, mobile, social, liveevents, on-demand entertainment and information services for localcommunities, and uses its unparalleled national reach to targetboth nationally and locally on behalf of its advertising partners. The Company's outdoor business reaches over 34 countries acrossfive continents.

iHeartCommunications reported a net loss attributable to theCompany of $296.31 million in 2016, a net loss attributable to theCompany of $754.6 million in 2015, and a net loss attributable tothe Company of $793.8 million in 2014.

As of Sept. 30, 2017, iHeartCommunications had $12.25 billion intotal assets, $23.93 billion in total liabilities and a totalstockholders' deficit of $11.67 billion.

* * *

As reported by the TCR on Feb. 12, 2018, Fitch Ratings has affirmediHeartCommunications, Inc.'s Long-Term Issuer Default Rating (IDR)at 'C'. iHeart's 'C' IDR reflects the likelihood for a near-termdefault and potential restructuring event, which increasedfollowing the company's strategic decision to not pay the $106million cash interest payment on a more junior piece of debt thatwas due on Feb. 1, 2018.

Also in February 2018, S&P Global Ratings lowered its corporatecredit ratings on Texas-based iHeartMedia Inc. and its iHeartsubsidiary to 'SD' (selective default) from 'CC'. The downgradefollows iHeart's recent announcement that it did not make a $106million net cash interest payment on its 12%/14% senior notes due2021. The payment was due on Feb. 1.

INPIXON: Amends Prospectus on 520,833 Class A Units Sale--------------------------------------------------------Inpixon has filed with the Securities and Exchange Commission afourth amendment to its Form S-1 registration statement relating tothe offering of up to 520,833 Class A Units, with each Class A Unitconsisting of one share of its common stock, par value $0.001 pershare, and one warrant to purchase one share of its common stock. Each share of common stock and Warrant that is a part of a Class AUnit are immediately separable and will be issued separately inthis offering.

The Company is also offering to those purchasers, if any, whosepurchase of Class A Units in this offering would otherwise resultin the purchaser, together with its affiliates and certain relatedparties, beneficially owning more than 4.99% (or, at the electionof such purchaser, 9.99%) of its outstanding common stockimmediately following the consummation of this offering, or tothose purchasers that elect to purchase such securities in theirsole discretion, the opportunity, in lieu of purchasing Class AUnits, to purchase up to an aggregate of 18,000 Class B Units. EachClass B Unit will consist of one share of the Company's newlydesignated Series 3 convertible preferred stock with a stated valueof $1,000 and convertible into approximately 260 shares of theCompany's common stock, together with one Warrant to purchase anumber of shares of common stock as would have been issued to suchpurchaser if such purchaser had purchased Class A units based onthe public offering price. The shares of Series 3 Preferred do notgenerally having any voting rights but are convertible into sharesof common stock. The shares of Series 3 Preferred and Warrantsthat are part of a Class B Unit are immediately separable and willbe issued separately in this offering.

The Company is issuing in this offering (i) up to an aggregate of520,833 shares of its common stock and Warrants to purchase 520,833shares of common stock as components of the Class A Units, and (ii)up to an aggregate of 18,000 shares of its Series 3 Preferred andWarrants to purchase up to 4,687,500 shares of its common stock. The Series 3 Preferred included in the Class B Units will beconvertible into an aggregate of 4,687,500 shares of common stockand the Warrants included in the Class B Units will be exercisablefor an aggregate of 4,687,500 shares of common stock. The Units,the Series 3 Preferred, the Warrants and the common stockunderlying each such security are being registered pursuant to theregistration statement of which this prospectus is a part. Thisoffering is being made on a best efforts basis and there is nominimum amount of proceeds that is a condition of closing.

On Feb. 12, 2018, the last reported sale price of the Company'scommon stock was $3.84 per share.

A full-text copy of the Form S-1/A is available for free at:

https://is.gd/GGE0Yp

About Inpixon

Headquartered in Palo Alto, California, Inpixon is a technologycompany that helps to secure, digitize and optimize any premiseswith Indoor Positioning Analytics (IPA) for businesses andgovernments in the connected world. Inpixon Indoor PositioningAnalytics is based on radically new sensor technology that findsall accessible cellular, Wi-Fi, Bluetooth and RFID signalsanonymously. Paired with a high-performance, data analyticsplatform, this technology delivers visibility, security andbusiness intelligence on any commercial or government premisesworld-wide. Inpixon's products, infrastructure solutions andprofessional services group help customers take advantage ofmobile, big data, analytics and the Internet of Things (IoT).

Inpixon reported a net loss of $27.50 million in 2016 following anet loss of $11.72 million in 2015. As of Sept. 30, 2017, Inpixonhad $35.20 million in total assets, $51.67 million in totalliabilities and a total stockholders' deficit of $16.46 million.

Marcum LLP, in New York, issued a "going concern" opinion in itsreport on the consolidated financial statements for the year endedDec. 31, 2016, citing that the Company has recurring losses fromoperations and expects to continue to have losses in theforeseeable future. These conditions raise substantial doubt aboutits ability to continue as a going concern.

INTREPID POTASH: Renaissance Ceases to be a Shareholder-------------------------------------------------------In a Schedule 13G/A filed with the Securities and ExchangeCommission, Renaissance Technologies LLC and RenaissanceTechnologies Holdings Corporation disclosed that as of Dec. 29,2017, they have ceased to be the beneficial owners of shares ofcommon stock of Intrepid Potash, Inc. A full-text copy of theregulatory filing is available at https://is.gd/D9usnj

About Intrepid

Intrepid Potash (NYSE:IPI) -- http://www.intrepidpotash.com/-- is the only U.S. producer of muriate of potash. Potash is applied asan essential nutrient for healthy crop development, utilized inseveral industrial applications and used as an ingredient in animalfeed. Intrepid also produces a specialty fertilizer, Trio, whichdelivers three key nutrients, potassium, magnesium, and sulfate, ina single particle. Intrepid also sells water and by-products suchas salt, magnesium chloride, and brine. Intrepid serves diversecustomers in markets where a logistical advantage exists; and is aleader in the utilization of solar evaporation production, one ofthe lowest cost, environmentally friendly production methods forpotash. Intrepid's production comes from three solar solutionpotash facilities and one conventional underground Trio mine. TheCompany is headquartered in Denver, Colorado.

Intrepid Potash reported a net loss of $22.91 million in 2017, anet loss of $66.63 million in 2016 and a net loss of $524.77million in 2015. As of Dec. 31, 2017, Intrepid Potash had $511.05million in total assets, $108.50 million in total liabilities and$402.55 million in total stockholders' equity.

IRON MOUNTAIN: S&P Gives BB Rating on New $500MM Term Loan B -------------------------------------------------------------S&P Global Ratings assigned its 'BB' issue-level rating and '2'recovery rating to Iron Mountain Inc.'s proposed $500 millionsenior secured term loan B due 2026. The '2' recovery ratingindicates our expectation for substantial recovery (70%-90%;rounded estimate: 75%) of principal in the event of a paymentdefault. The company's subsidiary, Iron Mountain Australia GroupPty. Ltd., is also issuing an incremental 100 million Australiandollars (A$) term loan to its existing A$250 million term loan duein 2022. The 'BB' issue-level rating and '2' recovery rating on theAustralian dollars term loan are unchanged. Iron Mountain will usethe net proceeds from both the U.S. and the Australian dollar termloans to repay its revolving credit facility borrowings.

S&P's corporate credit rating and stable rating outlook on IronMountain are unchanged. The rating reflects the company's positionas the global market leader in the records management business, itshigh leverage, acquisitive growth strategy, above-average capitalintensity for a business services company, and shareholder-favoringdividend policies. The company benefits from low customerattrition, high switching costs, favorable EBITDA margins, andlong-term storage contracts that provide stable and recurringrevenue. These strengths are somewhat offset by the increasingsecular trend toward digital storage that could negatively affectthe company long term.

S&P said, "The stable rating outlook reflects our expectation thatIron Mountain's leverage will decline to 5.5x by year-end 2018 andto the low-5x area in subsequent years as the company continues toinvest in its business, with revenues increasing at amid-single-digit percentage rate and lease-adjusted EBITDA marginsimproving to the low-40% area in 2018. Operating performancemissteps, additional capital spending, or acquisitions that raiseour leverage expectations above these levels could result in anegative rating action."

J&S AUTO: May Continue Using Cash Collateral Through March 27-------------------------------------------------------------The Hon. Melvin S. Hoffman the U.S. Bankruptcy Court for theDistrict of Massachusetts has entered a sixth interim orderauthorizing J&S Auto Inc. to use cash collateral of securedcreditors including App Group International, LLC, and SwiftCapital, LLC, through and including March 27, 2018.

The Court will hold a further hearing on the use of cash collateraland adequate protection on March 27, 2018 at 10:30 a.m. The Debtoris required to file further cash basis projections for the periodof March 27, 2018 to April 27, 2018 on or before the end ofbusiness on March 26, 2018.

App Group International, LLC, and Swift Capital, LLC, are granted areplacement lien in all accounts, inventory, machinery, equipment,general intangibles, intellectual property, goods, and leaseholdinterests, as well as all products and proceeds thereof, generatedor acquired post-petition; to the same extent as existed prior tothe Chapter 11 filing. However, the liens granted will not attachto any avoidance actions pursuant to Chapter 5 of the BankruptcyCode or the proceeds thereof.

JERRY DAVIS: $34K Sale of Santa Rosa Property to Gillmans Approved------------------------------------------------------------------Judge Henry A. Callaway of the U.S. Bankruptcy Court for theSouthern District of Alabama authorized Jerry H. Davis' sale ofreal property known as Lot Number 22 located in Pond Creek Estatesin Santa Rosa County, Florida to Kyle Gavin Gillman and MistiDanielle Gillman or their designee for $34,000.

A hearing on the Motion was held on Feb. 27, 2018.

The sale is free and clear of all liens.

No real estate commission will be paid from the proceeds of thesale to PHD Realty, Inc. or to Patty Davis, and there is no realestate commission being paid to any real estate agent. Subsequentto the Hearing, United Bank, through its counsel, agreed to allow$650 of the proceeds be withheld and distributed to the IrvinGrodsky, P.C. IOLTA account to be used to pay the additionalBankruptcy Administrator's fee incurred as a result of the sale ofreal property.

After the payment of all closing costs and fees payable by theSeller under the Purchase Agreement, ad valorem taxes, and $650 tothe Irvin Grodsky, P.C. IOLTA account, the Closing Agent shall paythe balance of the sales proceeds to United Bank to be appliedagainst the debt secured by the mortgage against said property.

The Court finds, pursuant to B.R. Rule 6004(h), that cause existsfor nullifying the stay of the Order and the Order is effective andfinal immediately.

JET MIDWEST: Taps JND Corporate as Claims and Noticing Agent------------------------------------------------------------Jet Midwest Group, LLC, received approval from the U.S. BankruptcyCourt for the District of Delaware to hire JND CorporateRestructuring as its claims and noticing agent.

The firm will oversee the distribution of notices and themaintenance, processing and docketing of proofs of claim filed inthe Debtor's Chapter 11 case.

Prior to the petition date, the Debtor provided JND a retainer inthe sum of $10,000.

Travis Vandell, chief executive officer of JND, disclosed in acourt filing that his firm is a "disinterested person" as definedin section 101(14) of the Bankruptcy Code.

Jet Midwest Group, LLC -- http://www.jetmidwestgroup.com/-- is a global, multifaceted, aircraft service provider. The Company is afull-service commercial aircraft, engine, and spare parts tradingcompany, offering creative product support solutions andmaintenance services. The Company was founded in 1997 and isheadquartered in Wilmington, Delaware.

Jet Midwest Group sought Chapter 11 bankruptcy protection (Bankr.D. Del. Case No. 18-10395) on Feb. 26, 2018. In the petitionsigned by COO Karen Kraus, the Debtor estimated $10 million to $50million in assets and $10 million to $50 million in liabilities. The Hon. Kevin Carey presides over the case. Christopher A. Ward,Esq., of Polsinelli PC, represents the Debtor.

JUDGE'S MARINE: Taps Sandra Spencer CPA as Accountant-----------------------------------------------------Judge's Marine LLC seeks approval from the U.S. Bankruptcy Courtfor the Northern District of New York to hire Sandra Spencer CPA asits accountant.

The firm will assist the Debtor in the preparation of its 2017 taxreturns and various accounting materials, including its profit andloss statement.

The firm's hourly rates are:

Sandra Spencer $200 Sephanie Easterly $100

Sandra Spencer, a certified public accountant, disclosed in a courtfiling that she and other members of the firm are "disinterested"as defined in Section 101(14) of the Bankruptcy Code.

Judge's Marine LLC sought protection under Chapter 11 of theBankruptcy Code (Bankr. N.D.N.Y. Case No. 18-60150) on Feb. 8,2018. In the petition signed by Jeffrey Judge, general manager,the Debtor estimated assets of less than $100,000 and liabilitiesof less than $500,000. Woodruff Lee Carroll P.C. is the Debtor'sbankruptcy counsel.

LAKESHORE FARMS: Seeks Access to Frontier Bank Cash Collateral--------------------------------------------------------------Lakeshore Farms, Inc., seeks authorization from the U.S. BankruptcyCourt for the Western District of Missouri for the postpetition useof cash collateral in order to maintain its business operations,and protect its ability to reorganize in accordance with Chapter 11of the Code.

As of the Petition Date, the total principal indebtedness owed byLakeshore to Frontier Bank (formerly Richardson County Bank & TrustCo.) was approximately $2,772,000, pursuant to a series ofPromissory Notes. To secure payment of the obligations owing toFrontier Bank and pursuant to the Loan Documents, Lakeshore grantedFrontier Bank first and prior liens and security interests insubstantially all of Lakeshore's assets.

Lakeshore proposes to grant Frontier Bank with replacement lien inpost-petition collateral in an amount equal to but not to exceedthe cash collateral used and to the extent that use of the cashcollateral results in any decrease in the aggregate value ofFrontier Bank's liens on Lakeshore's property on the Petition Date.However, the replacement lien will be subordinate to the DIPLender, which will have a senior lien in Lakeshore's 2018 crop.

Since Lakeshore believes that the total value of the assetssecuring Frontier Bank's claim far exceeds the amount of FrontierBank's claim, Lakeshore asserts that this post-petition grant of asecurity interest in post-petition collateral will provide morethan adequate protection to Frontier Bank. A full-text copy of the Debtor's Motion is available at

Lakeshore Farms, Inc., is a privately held company in Forest City,Missouri in the oilseed and grain farming industry. LakeshoreFarms filed a Chapter 11 petition (Bankr. W.D. Mo. Case No.18-50077) on Feb. 28, 2018. In the petition signed by Jonathan L.Russell, president, the Debtor disclosed $8.52 million in totalassets and $5.57 million in total debt. The case is assigned toJudge Brian T. Fenimore. The Debtor is represented by Joanne B.Stutz of Evans & Mullinix, P.A.

LARRY HEMBREE: Sale of 56 Acres of Unimproved Rutherford Land OK'd------------------------------------------------------------------Judge Basil H. Lorch, III, of the U.S. Bankruptcy Court for theSouthern District of Indiana authorized Larry D. Hembree's sale of56 acres of unimproved land in Rutherford Township, Martin County,Indiana.

The deed to the Property submitted with the Motion indicates thatthe Property is owned by the Debtor and Stephanie Hembree astenants by the entireties. Stephanie Hembree submitted anaffidavit granting her consent to a sale on conditions consistentwith the relief requested in the Motion.

The Debtor is authorized to sell the Property, after marketing byRemax Acclaimed, on any terms the Hembrees, in their businessjudgment, believe will maximize the net proceeds of the sale.

The closing agent will disburse the proceeds of the sale asfollows: (i) first, to satisfy any costs of sale assessed againstthe Hembrees by agreement with the Buyer; (ii) second, toBloomington Real Estate Services, LLC, doing business as RemaxAcclaimed Properties, for any realtor's commission authorized bythe Court; (iii) third, to German American Bank, in the amountnecessary to satisfy the loan that is secured by the mortgage thatencumbers the Property; (iv) fourth, to Seiller Waterman, LLC inthe amount equal to the total of payments made on the Loan from thefunds held in trust for Hembree Properties, Inc. (i.e. $4,157through February 2018, plus the amount(s) of any additionalpayment(s) made on the Loan from such funds prior to the sale; and(v) fifth, to Seiller Waterman to be held separately in trust,subject to further order directing the disposition of such funds.

The Debtor, Mrs. Hembree, HCSI, and XTec, Inc. ("InterestedParties"), will retain the same interests in the proceeds disbursedto Seiller Waterman pursuant to the immediately precedingsubparagraph as they had in the Property prior to the sale. Suchinterests will be subject to the same exemptions and defenses asthe Interested Parties now have in the Property.

LEGACY RESERVES: Baines Creek Has 15% Stake as of Feb. 28---------------------------------------------------------In a Schedule 13G filed with the Securities and ExchangeCommission, these entities disclosed beneficial ownership of sharesof common stock of Legacy Reserves, LP as of Feb. 28, 2018:

Legacy Reserves LP -- http://www.LegacyLP.com/-- is a master limited partnership headquartered in Midland, Texas, focused on thedevelopment of oil and natural gas properties primarily located inthe Permian Basin, East Texas, Rocky Mountain and Mid-Continentregions of the United States.

Legacy Reserves reported a net loss attributable to unitholders of$72.89 million on $436.30 million of total revenues for the yearended Dec. 31, 2017, compared to a net loss attributable tounitholders of $74.82 million on $314.35 million of total revenuesfor the year ended Dec. 31, 2016. As of Dec. 31, 2017, LegacyReserves had $1.49 billion in total assets, $1.76 billion in totalliabilities and a total partners' deficit of $271.7 million.

LIONS GATE: Moody's Affirms Ba3 CFR; Outlook Remains Stable-----------------------------------------------------------Moody's Investors Service affirmed Lions Gate Entertainment Corp.'s(Lionsgate) Ba3 Corporate Family Rating (CFR) and Ba3-PDProbability of Default Rating (PDR), and assigned a Ba2 rating toLions Gate Entertainment Corp.'s wholly owned US subsidiary, LionsGate Capital Holdings LLC's (Lionsgate Capital) new senior securedcredit facilities. Those facilities consist of a $1.5 billionrevolving credit facility due 2023, a $500 million first lien termloan A due 2023, and a $1.025 billion first lien term loan B due2025. At the close of the transaction, there will be approximately$250 million drawn under the new revolving credit facility.Proceeds from the new term loans and revolver draw will be used torepay the existing $950 million term loan A and $825 million termloan B held at Lionsgate. Since the refinancing transaction isleverage-neutral, and there are no material changes in the terms,it will not impact the Ba3 corporate family rating (CFR). The mixof debt priority isn't materially affected, so the refinancing willnot impact the existing ratings for the company's individual debtclasses. Moody's also assigned a B2 rating to the new 5.875% newGlobal Notes due in 2024 to be issued by Lionsgate Capital thathave been offered in exchange for the existing 5.875% Global Notesdue in 2024 issued by LG FinanceCo Corp. The SGL-1 SpeculativeGrade Liquidity rating will change to SGL-2 due to Moody'sexpectation of moderately less liquidity and bank facility covenantcushion when the company funds its dissenting equity liabilityclaims, which is expected within the next twelve months. The ratingoutlook remains stable.

Assignments:

Issuer: Lions Gate Capital Holdings LLC

-- Senior Secured Bank Credit Facilities, Assigned Ba2 (LGD3)

-- Senior Unsecured Regular Bond/Debenture, Assigned B2 (LGD6)

Affirmations:

Issuer: Lions Gate Entertainment Corp.

-- Probability of Default Rating, Affirmed Ba3-PD

-- Corporate Family Rating, Affirmed Ba3

Downgrades:

Issuer: Lions Gate Entertainment Corp.

-- Speculative Grade Liquidity Rating, Downgraded to SGL-2 from SGL-1

Outlook Actions:

Issuer: Lions Gate Entertainment Corp.

-- Outlook, Remains Stable

RATINGS RATIONALE

The affirmation of Lionsgate's Ba3 Corporate Family rating (CFR)reflects moderate debt-to-EBITDA leverage and expected strong cashflows generated by its Starz premium pay TV network, its film andtelevision production businesses, and its large library of over16,000 motion picture titles and television programs. Following thecompany's recent acquisition of Starz, LLC ("Starz") in December2016 and sale of its 31% stake in EPIX for $397 million in May2017, Lionsgate has been focused on reducing leverage andcompleting the integration of Starz. However, Moody's affirmed theratings given anticipation that the Starz dissenting equity claimswill be paid shortly after the court hears the case in 2H ofCY2018, which will cause balance sheet debt and leverage toincrease by about 1.2x to over 4.0x again, because Moody's believethat management will continue to endeavor to lower leverage below3.5x. Moody's anticipates that the expanded revolving creditfacility will provide sufficient liquidity to meet those paymentsin full if need be.

In Moody's opinion, the Starz acquisition was strategic for bothcompanies. It enhanced Lionsgate's scale and business diversity,provides predictable and more stable cash flows and therebyreducing reliance on its very volatile motion picture business, andprovides a steady internal source of TV and film distributionrevenue and cash flow. Starz benefits from a future internal sourceof theatrical output, and gets more opportunities for much neededquality original TV content. The Ba3 CFR reflects Moody'sexpectation that Starz's cash flows from recurring subscriptionrevenue allows the company financial flexibility to reduce grossdebt levels and manage a leverage profile commensurate with itscredit rating over the long-term. Since the closing of thetransaction, Lionsgate has been reducing leverage well ahead ofplan, which helps offset much of the dissenting claims impact. Thecompany will also receive more favorable financing terms, includinglower interest rates, and extend maturities for its debt.

Additionally, Moody's expect some continued near-term improvementin cash flows through some lasting synergies from the Starzintegration and EBITDA growth, as well as from proceeds from othernon-core asset sales. The company's contingent liability for theStarz acquisition dissenting equity holders is expected to beresolved in court in CY2019, and is estimated to be as much as $900million including interest, and Moody's anticipate that it will befunded with debt which will raise leverage by about 1.2x.Debt-to-EBITDA leverage (incorporating Moody's adjustments) as ofLTM 12/31/17 was about 3.3x before adding the dissenting equityclaim liability, which on a LTM pro forma basis would raiseleverage to around 4.5x, which is high for the Ba3 rating. Leverageis expected to fluctuate in the near-term due to the ramp up ininvestment in content and its impact on working capital. Lookingahead, after the claim is funded, Moody's believe that managementwill endeavor to reduce debt and improve operating performance tolower leverage back to a level consistent with the rating in therange of 3.0 to 3.5x (including Moody's adjustments) over theensuing 12 to 18 months. Moody's believe that management iscommitted to using a majority of its free cash flows and proceedsfrom noncore asset sales to reducing gross debt levels and bringingleverage below 3.5x (incorporating Moody's adjustments).

Rating Outlook

The stable outlook reflects Moody's view that Lionsgate willsuccessfully continue to de-lever following the integration ofStarz into its operations and after it funds the liability fordissenter claims. It reflects the continued benefit from addedscale, enhanced diversification and operating synergies over thelong-run. The outlook also assumes that the company will apply itsfree cash flows and non-core asset sale proceeds towards debtrepayment and reduce debt-to-EBITDA (incorporating Moody'sadjustments) to under 3.5x.

Factors that Could Lead to an Upgrade

An upgrade is unlikely in the near term given that leverage isexpected to be high for the rating when the dissenter claim isfunded and given the volatility and unpredictability of the filmbusiness, which results in lower visibility on revenues. However,ratings could be upgraded in the long-term if the company reducesits leverage target and becomes increasingly less reliant on filmslate performance (such as if the company diversifies itsoperations further through continued growth in its televisionproduction business), such that it can sustain debt-to-EBITDA(including Moody's adjustments) comfortably under 3.0x. Strongliquidity, a consistent operating track record, and management'scommitment to a higher rating will also be necessary for a positiverating action.

Factors that Could Lead to a Downgrade

The company's ratings could be downgraded if there is materialerosion in Starz's subscriber base or if Lionsgate sustainsunderperformance across its slate or TV production division, or ifit directs cash flow towards material acquisitions, a significantincrease to dividends or share repurchases, such that Moody'sexpectation of its ability or commitment towards debt reduction ischanged, or leverage is sustained over 3.5x over the long-term.Ratings could also be downgraded if liquidity or cash flow areadversely affected.

LSCS HOLDINGS: Moody's Rates $50MM Senior Secured 1st Lien Loan B2------------------------------------------------------------------Moody's Investors Service assigned a B2 rating to LSCS Holdings,Inc.'s ("LSCS") $50 million senior secured first lien delayed drawterm loan. The rating agency also assigned a Caa2 rating to LSCS'$20 million secured second lien delayed draw term loan. The delayeddraw term loans will provide funding for future acquisitionopportunities. There is no change to the B3 Corporate Family Ratingor the stable outlook.

Separately, Moody's also noted that there is no change to the B2rating on the upsized senior secured first lien term loan(increased by $40 million to $200 million) or the Caa2 rating onthe upsized secured second lien term loan (increased by $20 millionto $90 million). LSCS will use the upsize proceeds in conjunctionwith additional sponsor equity of $24 million to fund its $77million acquisition of Quorum Review and related transaction fees.Quorum Review provides third-party reviews of clinical studies andhelps its customers manage ethical, legal and regulatory risksassociated with those studies.

The B3 Corporate Family Rating on LSCS Holdings, Inc. reflects thecompany's moderately small scale, high financial leverage, and highcustomer concentration. Moody's expects LSCS' revenue to remainbelow $300 million over the next 12-18 months. Further, Moody'sestimates the company's pro forma adjusted debt to EBITDA of 6.4times at September 30, 2017 to decline towards 5.5 times over thistime horizon. Moody's believes that customer concentration willremain high, given that the top 10 clients account forapproximately 44% of pro forma revenue. Finally, the B3 CFR alsoreflects Moody's concern over a significant degree of integrationrisk.

The B3 CFR is supported by the diverse range of drugcommercialization services that LSCS offers to its customers.Moody's believes that these services are particularly beneficial tocompanies that either manufacture orphan drugs or are basedoverseas but produce generic drugs for the US market. The ratingsare also supported by the multi-year duration of LSCS' contracts.

The stable outlook reflects Moody's view that LSCS will remain amoderately small company with high financial leverage and highcustomer concentration during the next 12-18 months.

The ratings could be downgraded if the company is unable tosmoothly integrate recent acquisitions. A downgrade could alsooccur if operating performance weakens or the company's liquiditydeteriorates.

The ratings could be upgraded if the company materially increasesits scale while effectively integrating recent acquisitions andmanaging its growth. Additionally, a ratings upgrade would requirethe company to sustain adjusted debt to EBITDA below 5.5 times.

LSCS Holdings is a provider of drug commercialization services forpharmaceutical and biotechnology companies. The company providesthird-party logistics services to manufacturers of generic drugsand orphan drugs. LSCS Holdings also offers pricing & reimbursementconsulting services, improves the coordination of patient care, andhelps its customers to reduce their regulatory risk. The company isprivately owned by JLL Partners and Water Street HealthcarePartners with pro forma revenue of approximately $280 million.

Business Description: M2 Systems -- https://www.m2-corp.com/ -- provides computer automated solutions for practical business problems utilizing technology serving the financial, healthcare, retail, security, transportation/logistics and telecommunications industries. It specializes in developing, marketing and implementing transaction technologies for both established and emerging markets as well as creating outlets for licensing and operating its solution sets. M2 Systems was founded in 1986 and is headquartered in Maitland, Florida.

Chapter 11 Petition Date: March 12, 2018

Court: United States Bankruptcy Court Middle District of Florida (Orlando)

MCHYL ENTERPRISES: Taps Buddy D. Ford as Legal Counsel------------------------------------------------------MCHYL Enterprises, Inc., seeks approval from the U.S. BankruptcyCourt for the Middle District of Florida to hire Buddy D. Ford,P.A., as its legal counsel.

The firm will advise the Debtor regarding its duties under theBankruptcy Code; negotiate with creditors in the preparation of abankruptcy plan; and provide other legal services related to itsChapter 11 case.

MCHYL Enterprises, Inc., is a privately-held company in Odessa,Florida that provides printing and related support activities. MCHYL Enterprises sought protection under Chapter 11 of theBankruptcy Code (Bankr. M.D. Fla. Case No. 18-01594) on March 1,2018. In its petition signed by Thomas A. McLaren, president andchief executive officer, the Debtor disclosed $425,929 in assetsand $1.55 million in liabilities.

MD2U MANAGEMENT: Taps Hublar Enterprises as Business Consultant---------------------------------------------------------------MD2U Management LLC seeks approval from the U.S. Bankruptcy Courtfor the Western District of Kentucky to hire a businessconsultant.

MD2U proposes to hire Hublar Enterprises, Inc. as businessconsultant and the firm's principal, Mike Hublar, as the solerepresentative of the company and its affiliates. Mr. Hublar willbe the sole "person in control" of the Debtors, according to courtfilings.

Hublar will receive $9,500 per month for its services.

Mr. Hublar disclosed in a court filing that he is "disinterested"as defined in section 101(14) of the Bankruptcy Code, and does nothold or represent any interest adverse to the Debtor and itsestate.

In the petitions signed by Joel Coleman, president, MD2U estimated$500,000 to $1 million in assets and $1 million to $10 million indebt; and MD2U Kentucky estimated between $1 million and $10million in assets, and $500,000 to $1 million in debt.

The Debtors hired Kaplan & Partners LLP as their bankruptcycounsel, and Deming Malone Livesay & Ostroff as their accountant.

Mr. Everett, a senior managing director of DSI, will help theDebtor evaluate and implement strategic and tactical optionsthrough a restructuring and sale process.

Specifically, the services to be provided by the CRO includedeveloping strategies to improve the Debtor's cash flows and reduceexpenses; identifying potential buyers; implementing cashmanagement strategies and processes; and providing reports to theDebtor's secured lender, creditors and board of directors.

The Debtor has agreed to pay the CRO at the rate of $595 per hour,subject to a $30,000 monthly rolling maximum on fees billed eachmonth.

Mr. Everett is a "disinterested person" as defined in section101(14) of the Bankruptcy Code, according to court filings.

METROPOLITAN DIAGNOSTIC: Can Continue Using Cash Until March 31---------------------------------------------------------------The Hon. Timothy A. Barnes of the U.S. Bankruptcy Court for theNorthern District of Illinois has signed a fourth interim orderauthorizing Metropolitan Diagnostic Imaging, Inc., to use cashcollateral to the extent of plus or minus 10% of each line item setforth on the Budget up to and including March 31, 2018.

The Budget for the period ending March 31, 2018 provides totaloperating expenses of $107,593.

The Debtor's Motion for Use of Cash Collateral is continued forfurther hearing to March 28, 2018 at 10:30 a.m.

The Bancorp Bank is granted and will have replacement liens in andto the collateral which will have the validity, perfection andenforceability as the pre-petition liens held by Bancorp Bank. Inaddition, the Debtor will make an unallocated adequate protectionpayment to Bancorp Bank in the amount of $10,000 on or before March18, 2018.

Headquartered in Los Angeles, CA, Internet Brands is the trade namefor MH Sub I, LLC, an internet media company that owns more than250 branded websites across four verticals (Health, Legal,Automotive and Other (includes Home and Travel)) characterized byhigh consumer activity and good advertising spend. The companylicenses and delivers its content and internet technology productsand services to small and medium-sized businesses (SMBs), majorcorporations and individual website owners primarily via tworevenue models: (i) a subscription-based Software-as-a-Service(SaaS) platform; and (ii) performance-based advertising.

MOTORS LIQUIDATION: Court OKs Reallocation of $13.6M Cash---------------------------------------------------------The U.S. Bankruptcy Court for the Southern District of New Yorkentered an order on March 6, 2018, granting Wilmington TrustCompany's motion seeking an order (i) authorizing the reallocationand use of distributable cash held by the GUC Trust to fundanticipated administrative and reporting fees, costs and expensesof the GUC Trust, and (ii) extending the duration of the GUC Trustfor an additional 12 months or through and including March 31,2019.

The Motion was filed on Feb. 15, 2018, in accordance with theSecond Amended and Restated Motors Liquidation Company GUC TrustAgreement dated as of July 30, 2015 and the Debtors' Second AmendedJoint Chapter 11 Plan dated as of March 18, 2011, by WilmingtonTrust Company, solely in its capacity as trust administrator andtrustee of the Motors Liquidation Company GUC Trust.

Pursuant to Section 6.1(b) of the GUC Trust Agreement, the GUCTrust Administrator is authorized to reallocate and use $9,051,300of Distributable Cash to satisfy administrative costs estimated forthe calendar year 2018, all as set forth in the 2018 AdministrativeCosts Budget.

Pursuant to Section 6.1(c) of the GUC Trust Agreement, the GUCTrust Administrator is authorized to reallocate and use $4,554,500of Distributable Cash to satisfy the reporting costs estimated forthe calendar year 2018.

The duration of the GUC Trust is extended an additional 12 monthsand the GUC Trust will remain in full force and effect through andincluding March 31, 2019.

The U.S. Trustee appointed an Official Committee of UnsecuredCreditors and a separate Official Committee of Unsecured CreditorsHolding Asbestos-Related Claims. Lawyers at Kramer Levin Naftalis& Frankel LLP served as bankruptcy counsel to the CreditorsCommittee. Attorneys at Butzel Long served as counselon supplier contract matters. FTI Consulting Inc. served asfinancial advisors to the Creditors Committee. Elihu Inselbuch,Esq., at Caplin & Drysdale, Chartered, represented the AsbestosCommittee. Legal Analysis Systems, Inc., served as asbestosvaluation analyst.

* * *

The Bankruptcy Court entered an order confirming the Debtors'Second Amended Joint Chapter 11 Plan on March 29, 2011. The Planwas declared effect on March 31.

On Dec. 15, 2011, Motors Liquidation Company was dissolved. On theDissolution Date, pursuant to the Plan and the Motors LiquidationCompany GUC Trust Agreement, dated March 30, 2011, between theparties thereto, the trust administrator and trustee -- GUC TrustAdministrator -- of the Motors Liquidation Company GUC Trust,assumed responsibility for the affairs of and certainclaims against MLC and its debtor subsidiaries that were notconcluded prior to the Dissolution Date.

NEIMAN MARCUS: Posts Second Quarter Earnings of $372.5 Million--------------------------------------------------------------Neiman Marcus Group LTD LLC reported financial results for itssecond quarter of fiscal year 2018 ended Jan. 27, 2018 that reflectindications that the Company's base business is stabilizing and ispositioned for growth after two straight quarters of year-over-yearrevenue increases. These increases were supported by the company's"Digital First" strategy and recent investments in new technologiesand marketing tools.

"I am excited about our momentum, which underscores Neiman MarcusGroup is truly unique within our industry for our ability todeliver on a personalized luxury shopping experience acrosschannels and brands," commented Geoffroy van Raemdonck, chiefexecutive officer of the Company. "We will continue to innovateand invest in the business to envision new ways to serve the luxurycustomers of today and tomorrow."

As of Jan. 27, 2018, Neiman Marcus had $7.62 billion in totalassets, $6.78 billion in total liabilities and $839.01 million intotal member equity.

The Company believes that cash generated from its operations, itsexisting cash and cash equivalents and available sources offinancing will be sufficient to fund its cash requirements duringthe next 12 months, including merchandise purchases, operatingexpenses, anticipated capital expenditure requirements, debtservice requirements, income tax payments and obligations relatedto its Pension Plan.

Net cash provided by the Company's operating activities increasedby $78.1 million from $117.4 million in year-to-date fiscal 2017 to$195.5 million in year-to-date fiscal 2018. This increase in netcash provided by its operating activities was due primarily to (i)the increase in cash generated by its operating activities on ahigher level of revenues and (ii) lower working capitalrequirements driven by the reduction in its net investment ininventories, partially offset by (iii) required fundings to ourPension Plan of $9.3 million in year-to-date fiscal year 2018compared to $2.5 million in year-to-date fiscal year 2017.

Net cash used for investing activities, representing capitalexpenditures, decreased by $49.9 million from $115.7 million inyear-to-date fiscal 2017 to $65.8 million in year-to-date fiscal2018. This decrease in capital expenditures in year-to-date fiscal2018 reflects lower spending for NMG One, the construction of newstores and the remodeling of existing stores.

Currently, the Company projects capital expenditures for fiscalyear 2018 to be approximately $175 to $195 million. Net ofdeveloper contributions, capital expenditures for fiscal year 2018are projected to be approximately $125 to $140 million. TheCompany has and will continue to manage the level of capitalspending in a manner designed to balance current economicconditions and business trends with its long-term initiatives andgrowth strategies.

Cash provided by its operating activities net of capitalexpenditures was $129.7 million in year-to-date fiscal 2018 and$1.7 million in year-to-date fiscal 2017.

Net cash used for financing activities of $143.7 million inyear-to-date fiscal 2018 was comprised primarily of (i) netrepayments of borrowings of $128.4 million under its revolvingcredit facilities due to the higher level of cash flows fromoperations, lower working capital requirements and lower capitalexpenditures and (ii) repayments of borrowings of $14.7 millionunder our Senior Secured Term Loan Facility. Net cash used forfinancing activities of $15.1 million in year-to-date fiscal 2017was comprised primarily of (i) repayments of borrowings of $14.7million under its Senior Secured Term Loan Facility and (ii) $5.4million paid for debt issuance costs related to the Asset-BasedRevolving Credit Facility refinancing amendment partially offset by(iii) net borrowings of $5.0 million under its Asset-BasedRevolving Credit Facility due to seasonal workings capitalrequirements.

Neiman Marcus incurred a net loss of $531.8 million for the fiscalyear ended July 29, 2017, following a net loss of $406.1 millionfor the fiscal year ended July 30, 2016.

* * *

As reported by the TCR on March 17, 2017, Moody's Investors Servicedowngraded Neiman Marcus' Corporate Family Rating to 'Caa2' from'B3' and its Probability of Default Rating to 'Caa2-PD' from'B3-PD'. The company's Speculative Grade Liquidity rating isaffirmed at 'SGL-2'. The outlook is changed to negative fromstable. "The downgrade of NMG's Corporate Family Rating reflectsthe continued weakness in its financial results as it faces boththe cyclical and secular challenges that face the North Americaluxury department stores", says Christina Boni, VP senior analyst. "Its designation of its MyTheresa.com operations and certain ownedproperties to unrestricted subsidiaries reduces assets coverage forits debt obligations. The hiring of a financial advisor toevaluate strategic alternatives also signals the likelihood of itscapital structure being addressed well before its first significantdebt maturity in October 2020. Despite good liquidity, overallleverage levels remain well above what can be refinanced and a pathto return to peak EBITDA levels is unlikely in the presentoperating environment."

NEW HEALTH DENTISTRY: Taps Paul Reece Marr as Legal Counsel-----------------------------------------------------------New Health Dentistry PC seeks approval from the U.S. BankruptcyCourt for the Northern District of Georgia to hire Paul Reece Marr,P.C., as its legal counsel.

The firm will advise the Debtor regarding its duties under theBankruptcy Code and will provide other legal services related toits Chapter 11 case.

Paul Reece Marr, Esq., the attorney who will be handling the case,charges an hourly fee of $325. The firm's paralegals and clerkscharge $125 per hour and $50 per hour, respectively.

The agreed-upon retainer is $10,000, of which $6,700 has alreadybeen paid to the firm.

Mr. Marr disclosed in a court filing that he does not represent anyinterests adverse to the Debtor and its estate.

New Health Dentistry PC sought protection under Chapter 11 of theBankruptcy Code (N.D. Ga. Case No. 18-52584) on Feb. 14, 2018. Inits petition signed by Dr. Saed Nabi, the CEO, the Debtor estimatedassets of less than $50,000 and liabilities of less than $500,000.

NVA HOLDINGS: Moody's Rates New $500MM Sr. Unsecured Notes Caa2---------------------------------------------------------------Moody's Investors Service assigned a Caa2 (LGD5) rating to NVAHoldings, Inc.'s proposed $500 million senior unsecured notes due2025. Proceeds from this new issuance will be used to repay thecompany's existing $400 million second lien term loan due 2022 and$90 million drawing on the revolving credit facility, to covertransaction costs, and to fund pending acquisitions.

Moody's also assigned a B1 (LGD3) rating to NVA's revolving creditfacility, which will have same terms as the existing revolvingfacility except for an upsized amount of $140 million (from $94.5million) and an extended expiry in 2023.

"The refinancing transactions will increase NVA's leverage slightlybut considering the incremental pro forma profits contribution fromrecent acquisitions, Moody's expect the leverage to remain at alevel consistent with a B3 corporate family rating" said Moody'sVice President Kailash Chhaya. The transactions will enhanceliquidity as the company will be meaningfully extending its debtmaturity profile.

NVA's B3 Corporate Family Rating reflects its high financialleverage with debt/EBITDA near eight times. Moody's expects thatleverage will remain high, as the company will continue to useincremental debt to fund acquisitions. NVA's credit profilebenefits from its solid market presence as a leading operator offreestanding veterinary hospitals in the U.S., Australia, andCanada. While NVA is growing rapidly by acquisitions, it has asolid track record managing acquired hospitals, evidenced by itsability to consistently grow same-store sales while maintaininghigh operating margins. The ratings also reflect its good liquiditywith solid free cash flow (before acquisitions) and access to alargely undrawn revolving credit facility.

Ratings could be upgraded if NVA maintains more conservativefinancial policies than currently, such that debt/EBITDA issustained below 6.5 times. The company would also need to continueto demonstrate successful acquisition integration while maintaininggood liquidity.

Ratings could be downgraded if the company's liquidity profileerodes or financial policies become more aggressive.Quantitatively, ratings could be lowered if EBITA/interest fallsbelow one times.

Based in Agoura Hills, California, NVA Holdings, Inc. is a leadingprovider of veterinary medical services, operating approximately550 locally-branded animal hospitals across the United States,Australia, New Zealand and Canada. NVA provides medical, diagnostictesting, and surgical services to support veterinary care. Thecompany also offers ancillary services including boarding andgrooming, and the sale of pet food and other retail pet careproducts. NVA is owned by funds affiliated with Ares Management LLCand OMERS. Revenues exceed $1 billion.

NVA HOLDINGS: S&P Rates New $500MM Sr. Unsecured Notes 'CCC+'-------------------------------------------------------------S&P Global Ratings assigned its 'CCC+' issue-level rating and '6'recovery rating to NVA Holdings Inc.'s proposed $500 million seniorunsecured notes. The company will use the proposed notes torefinance the $400 million second-lien term loan and pay down theoutstanding revolver balance of $90 million. The company is alsoupsizing its revolver to $140 million from $94.5 million.

"Our corporate credit rating on NVA remains 'B' with a stableoutlook, reflecting the company's leading position but narrowoperating focus in the highly fragmented veterinary practicesmarket. The rating also reflects our expectation that NVA'sadjusted leverage will remain above 7x.

-- S&P has valued the company as a going-concern basis using a5.5x multiple of our projected emergence EBITDA.

-- S&P estimates that in a default scenario, EBITDA would declinesignificantly, stemming from a prolonged economic downturn thatleads to a sharp revenue decline (in light of the discretionarynature of consumer spending on animal health products andservices).

OREXIGEN THERAPEUTICS: Hogan Lovells Represents Business in Ch.11-----------------------------------------------------------------International Law firm Hogan Lovells is representing OrexigenTherapeutics, Inc., a biopharmaceutical company focused on thetreatment of obesity, in filing for voluntary relief under Chapter11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for theDistrict of Delaware. Orexigen also intends to file a motionseeking authorization to pursue an auction and sale process underSection 363 of the U.S. Bankruptcy Code.

The team representing Orexigen is led by Hogan Lovells BusinessRestructuring and Insolvency practice group head and partner ChrisDonoho, counsel Christopher Bryant and senior associate John Beck. The team also consisted of associates Sean Feener and EricEinhorn.

About Orexigen Therapeutics

Orexigen Therapeutics, Inc. (NASDAQ: OREX) --http://www.orexigen.com/-- is a biopharmaceutical company focused on the treatment of weight loss and obesity. The company's missionis to help improve the health and lives of patients struggling tolose weight. Orexigen's first product, Contrave(R) (naltrexone HCland bupropion HCl extended release), was approved in the U.S. inSeptember 2014. In the European Union, the medicine has beenapproved under the brand name Mysimba(TM) (naltrexone HCl/bupropion HCl prolonged release). Millions around the globecontinue to face challenges of weight loss. Orexigen isundertaking a range of development and commercializationactivities, both on its own and with strategic partners, to bringContrave / Mysimba to patients around the world. As apatient-centric company, Orexigen continues to focus not only oninnovating medicine for the treatment of obesity, but to also offerunique resources and healthcare delivery options to improve thepatient experience.

OYOTOYO INC: Bidding Procedures for All Assets Approved-------------------------------------------------------Judge Elizabeth D. Katz of the U.S. Bankruptcy Court for theDistrict of Massachusetts authorized (i) the bidding proceduresproposed by Oyotoyo, Inc. and Oyo Sportstoys, Inc., in connectionwith sale of substantially all assets free and clear of all liens,claims, interests and encumbrances; and (ii) the break-up fee andthe minimum bid increment described in the Motion.

The Contract Notice and the proposed service of such notices asrequested in the Sale Motion are approved.

Notwithstanding anything to the contrary in the Sale Motion or theBinding LOI, the Debtors will not sell at the Sale any personallyidentifiable information that the privacy policy athttp://www.oyosports.com/does not permit the Debtors to sell, and they will remove any such information from any equipment orcomputers on which such information is stored prior to transferringsuch equipment and computers to the Winning Bidder.

No later than March 16, 2018, the Debtors will designate thecontracts to be assumed and assigned by the Winning BidderDesignated Contracts, and will file and serve upon counterpartiesto such contracts the proposed amounts to be paid to cure anydefaults pursuant Proposed Cure Costs, together with a motion forauthority to assume and assign the Designated Contracts DesignatedContracts Motion.

Any objection to the Sale and any objection to the Proposed CureCosts, the proposed assumption and assignment of the DesignatedContracts, and the Designated Contracts Motion will be filed byApril 6, 2018, at 4:30 p.m. (ET).

The Sale Notice and exhibits, including the Disclosure Supplementwill be and is approved, and the Debtors will serve the Sale Noticeon all creditors and on all persons and entities upon whom theDebtors have served the Sale Motion no later than March 6, 2018. The Debtors will file a certificate of service with respect to suchservice on March 7, 2018.

The equipment described in proof of claim number 9 Royal BankEquipment, filed by Royal Bank America Leasing, L.P., will not besold free and clear of Royal Bank's alleged interest absent thelatter's consent unless the Winning Bidder (i) cures, or providesadequate assurance that it will promptly cure, any and all monetaryarrearages due by the Debtors to Royal Bank as of the Closing Date,and (ii) provides adequate assurance of future performance to RoyalBank of all of the Debtors' contractual obligations to Royal Bank. Royal Bank and the Debtors reserve all other rights and remedies,including, without limitation, regarding whether the transactionthat underlies Royal Bank's claims in the case is a true leasetransaction or a secured financing transaction.

Any inventory that incorporates the intellectual property of any ofthe Leagues will not be sold, transferred, conveyed or assignedpursuant to the Sale Motion unless and until the Court enters anorder, after notice and an opportunity for hearing, authorizing theDebtors or the Winning Bidder to use or sell products thatincorporate such intellectual property pursuant to the Licenses. The Licenses will not be assumed and assigned to the Winning Bidderunless (i) the Debtors and the Winning Bidder satisfy therequirements for assumption and assignment of the Licenses undersection 365 of the Bankruptcy Code, and (ii) the Court, afternotice and a hearing, authorizes and approves the Debtors'assumption and assignment of the Licenses.

The Debtors will provide the affected Leagues with no less than 21days' notice of the hearing on any proposed sale, transfer,conveyance or assignment of such inventory and assumption andassignment of the Licenses, and any objection thereto based on theReserved Rights will be filed on April 6, 2018 at 4:30 p.m. (ET).

The provisions of Bankruptcy Rules 6004(h) and 6006(d) staying theeffectiveness of the Order, to the extent applicable, are waivedand the Bidding Procedures Order will be effective immediately uponentry.

The Debtors will file a notice identifying the Winning Bidder nolater than March 16, 2018.

The hearing to approve the Sale Motion and the sale to the WinningBidder, and on the Designated Contracts Motion Sale Hearing, willbe held on April 10, 2018 at 1:00 p.m. (ET).

About Oyotoyo Inc.

Oyotoyo, Inc. and Oyo Sportstoys, Inc., a retailer based in Hudson,Massachusetts, sought protection under Chapter 11 of the BankruptcyCode (Bankr. D. Mass. Case Nos. 17-41261 and 17-41394) on July 11,2017 and July 30, 2017. In the petition signed by Thomas Skripps,its president, Oyotoyo estimated assets and liabilities of $1million to $10 million. Judge Elizabeth D. Katz presides over thecase. Jeffrey D. Sternklar LLC serves as bankruptcy counsel totheDebtor. KCP Advisory Group LLC serves as its financial advisor.

PACIFIC DRILLING: Taps Jones Walker as Special Counsel------------------------------------------------------Pacific Drilling S.A. seeks approval from the U.S. Bankruptcy Courtfor the Southern District of New York to hire Jones Walker LLP asspecial counsel.

Jones Walker will assist the company and its affiliates inconsummating transactions that may arise out of or that may closeduring the pendency of their Chapter 11 cases.

As of Feb. 1, 2018, Jones Walker held $23,886 in its trust accountas a retainer, which the Debtors paid prior to the Petition Date.

Dionne Rousseau, Esq., a partner at Jones Walker, disclosed in acourt filing that she and other professionals employed with thefirm do not hold or represent any interests adverse to the Debtorsand their estates.

In accordance with Appendix B-Guidelines for reviewing feeapplications filed by attorneys in larger Chapter 11 cases, Ms.Rousseau disclosed that her firm has not agreed to any variationsfrom, or alternatives to, its standard or customary billingarrangements; and that no Jones Walker professional has varied hisrate based on the geographic location of the Debtors' bankruptcycases.

Ms. Rousseau also disclosed that during the 12-month period priorto the petition date, Jones Walker's billing rates and materialfinancial terms have not changed other than the periodic adjustment(in January of each year) to reflect economic and otherconditions.

The Debtors have already approved the firm's preliminary budget andstaffing plan through April 2018, Ms. Rousseau further disclosed.

Pacific Drilling S.A., a Luxembourg public limited liabilitycompany (societe anonyme), operates an international offshoredrilling business that specializes in ultra-deepwater and complexwell construction services. Pacific Drilling --http://www.pacificdrilling.com/-- owns seven high-specification floating rigs: the Pacific Bora, the Pacific Mistral, the PacificScirocco, the Pacific Santa Ana, the Pacific Khamsin, the PacificSharav and the Pacific Meltem. All drillships are of the latestgenerations, delivered between 2010 and 2014, with a combinedhistorical acquisition cost exceeding $5.0 billion. The averageuseful life of a drillship exceeds 25 years.

On Nov. 12, 2017, Pacific Drilling S.A. and 21 affiliates eachfiled a voluntary petition for relief under Chapter 11 of theUnited States Bankruptcy Code (Bankr. S.D.N.Y. Lead Case No.17-13193). The cases are pending before the Honorable Michael E.Wiles and are jointly administered.

Pacific Drilling disclosed $5.46 billion in assets and $3.18billion in liabilities as of Sept. 30, 2017.

The Ad Hoc Group of Various Holders of the Ship Group C Debt, 2020Notes and Term Loan B tapped Paul, Weiss, Rifkind, Wharton &Garrison, in New York as counsel.

PENTHOUSE GLOBAL: Committee Taps Raines Feldman as Legal Counsel----------------------------------------------------------------The official committee of unsecured creditors of Penthouse GlobalMedia, Inc. seeks approval from the U.S. Bankruptcy Court for theCentral District of California to hire Raines Feldman LLP as itslegal counsel.

The firm will advise the committee regarding its duties under theBankruptcy Code; represent the committee in its consultations withPenthouse Global and its affiliates; investigate the Debtors'operations; evaluate claims; participate in the preparation of abankruptcy plan; and provide other legal services related to theDebtors' Chapter 11 cases.

The firm's hourly rates are:

Hamid Rafatjoo $815 Marina Feldman $495 Stephen Farkas $435

Hamid Rafatjoo, Esq., a partner at Raines Feldman, disclosed in acourt filing that his firm does not hold or represent any interestadverse to the Debtors' estates, creditors or equity securityholders.

Headquartered in Chatsworth, California, Penthouse Global Media,Inc. -- http://www.penthouseglobalmedia.com/-- was launched in February 2016 as an acquisition by veteran entertainment executive,Kelly Holland. The Company continues the 50+ year Penthouse brandlegacy. The focal point of the business includes four mainbranches: broadcast, publishing, licensing and digital. VariousPenthouse TV channels are available in over 100 countries. Penthouse Magazine was founded in the U.K. in 1965 by Bob Guccioneand brought to the U.S. in 1969.

In the petitions signed by Kelly Holland, CEO, Penthouse Mediaestimated its assets at up to $50,000 and its liabilities atbetween $10 million and $50 million. Penthouse Broadcastingestimated its assets at between $1 million and $10 million andliabilities at between $500,000 and $1 million. PenthouseLicensing estimated its assets and liabilities at between $1million and $10 million each.

Judge Martin R. Barash presides over the case.

Michael H. Weiss, Esq., and Laura J. Meltzer, Esq., at Weiss &Spees, LLP, serve as the Debtors' bankruptcy counsel. The Debtorshired Akerman LLP, the Law Offices of Allan B. Gelbard and the LawOffices of Dermer Behrendt as litigation counsel.

The Office of the U.S. Trustee appointed an official committee ofunsecured creditors on Jan. 30, 2018.

PETROLIA ENERGY: Plans to Raise Capital for Drilling Programs-------------------------------------------------------------From time to time, Petrolia Energy Corporation will meet withinvestors regarding a potential investment in the Company and will,at those meetings, present a powerpoint presentation discussingcompany overview.

Petrolia Energy is an oil & gas exploration, production and servicecompany with producing and prospective offshore assets.

The Company has assets in the United States and Indonesia. Petrolia was launched in March 2015 (official name change fromRockdale Resources in September 2016).

The Company's focus for 2018 includes:

* raising additional capital for drilling programs;

* raising profile amongst U.S. investors; and

* uplisting into the NYSE American or the NASDAQ.

A copy of the PowerPoint Presentation is available at:

https://is.gd/hqbx12

About Petrolia Energy

Headquartered in Houston, Texas, Petrolia Energy Corporation,formerly known as Rockdale Resources Corporation --http://www.petroliaenergy.com/-- is an oil and gas exploration, development, and production company. With operations in Texas,Oklahoma and New Mexico, the Company focuses on redevelopingexisting oil fields in well-established oil rich regions of theU.S., employing industry-leading technologies to create addedvalue.

Petrolia Energy reported a net loss of $1.87 million on $321,000 oftotal revenue for the year ended Dec. 31, 2016, compared with a netloss of $1.85 million on $188,000 of total revenue for the yearended Dec. 31, 2015. As of Sept. 30, 2017, Petrolia Energy had$13.49 million in total assets, $1.89 million in total liabilitiesand $11.59 million in total stockholders' equity.

MaloneBailey, LLP, issued a "going concern" qualification on theconsolidated financial statements for the year ended Dec. 31, 2016,citing that Petrolia Energy has incurred losses from operationsince inception and has a net working capital deficiency. Thesefactors raise substantial doubt about the Company's ability tocontinue as a going concern.

PETROQUEST ENERGY: Lowers Net Loss to $11.8 Million in 2017-----------------------------------------------------------Petroquest Energy, Inc., filed with the Securities and ExchangeCommission its annual report on Form 10-K reporting a net lossavailable to common stockholders of $11.77 million on $108.28million of oil and gas revenues for the year ended Dec. 31, 2017,compared to a net loss available to common stockholders of $96.24million on $66.66 million of oil and gas sales for the year endedDec. 31, 2016.

As of Dec. 31, 2017, Petroquest Energy had $164.29 million in totalassets, $413.23 million in total liabilities and a $248.93 milliontotal stockholders' deficit.

At Dec. 31, 2017 the Company had a working capital deficit of $5.9million compared to a working capital deficit of $37.8 million atDec. 31, 2016. The increase in the Company's working capital isprimarily due to the redemption on March 31, 2017 of its remaining2017 Notes. Additionally, the Company's working capital waspositively impacted by the reclassification to Current Assets ofthe $8.3 million of cash collateral provided to support the suretybonds that secure its offshore decommissioning obligations that theCompany expects to receive during 2018, as a result of the sale ofits Gulf of Mexico assets in January 2018.

Net cash flow provided by (used in) operations increased from$(56.6) million during the year ended Dec. 31, 2016 to $44.2million during the 2017 period. The increase in operating cashflow during 2017 as compared to 2016 was primarily attributable toincreases in oil and gas revenues as well as the timing of paymentof payables based on operational activity. The Company's operatingcash flow during 2018 is expected to be negatively impacted byhigher cash interest expense related to our 2021 PIK Notes.

A full-text copy of the Form 10-K is available for free at:

https://is.gd/3Wr46p

About Petroquest

Lafayette, La.-based PetroQuest Energy, Inc. --http://www.petroquest.com/-- is an independent energy company engaged in the exploration, development, acquisition and productionof oil and natural gas reserves in Texas and Louisiana. PetroQuest's common stock trades on the New York Stock Exchangeunder the ticker PQ.

* * *

In June 2017, Moody's Investors Service withdrew all assignedratings for PetroQuest Energy, including the 'Caa3' CorporateFamily Rating, following the elimination of all of its rated debt.

In December 2017, S&P Global Ratings raised its corporate creditrating on PetroQuest Energy to 'CCC+' from 'CCC'. The ratingoutlook is negative. "The upgrade reflects our assessment thatPetroQuest is likely to generate sufficient cash flow and, alongwith continued access to its multidraw term loan, have sufficientliquidity to meet cash interest requirements through 2018. Thecompany has the option to make PIK interest payments on itssecond-lien senior secured PIK notes through August 2018 at 1% cashinterest and 9% PIK.

PHILADELPHIA HAITIAN: Taps Lewis & Monroe as Legal Counsel----------------------------------------------------------Philadelphia Haitian Baptist Church of Orlando, Inc., seeksapproval from the U.S. Bankruptcy Court for the Middle District ofFlorida to hire Lewis & Monroe, PLLC, as its legal counsel.

The firm will advise the Debtor concerning the operation of itsbusiness in compliance with the Bankruptcy Code; assist in theformulation of a plan of reorganization; and provide other legalservices related to its Chapter 11 case.

Prior to the petition date, the Debtor paid the firm an advance feeof $25,000, of which $1,717 was used to pay the filing fee and$2,760 for its pre-bankruptcy services.

Cynthia Lewis, Esq., at Lewis & Monroe, disclosed in a court filingthat her firm does not represent any creditor or any party adverseor potentially adverse to the Debtor and its estate.

In its petition signed by Jean-Caroll Bernadin, pastor andpresident, the Debtor disclosed $5.25 million in assets and $4million in liabilities as of the bankruptcy filing on Feb. 28,2018.

Judge Cynthia C. Jackson presides over the case.

PROFLO INDUSTRIES: Taps Coward Pinski as Accountant---------------------------------------------------ProFlo Industries, LLC, seeks approval from the U.S. BankruptcyCourt for the Northern District of Ohio to hire Coward, Pinski &Associates, LLC, as its accountant.

Coward will assist the Debtor in the preparation and filing of itsfinancial statements and will provide tax-related services for anhourly fee of $150. Meanwhile, the firm will charge $100 per hourfor accounting services.

Gregory Coward, the accountant who will be providing the services,is a "disinterested person" as defined in section 101(14) of theBankruptcy Code.

Headquartered in Alvada, Ohio, ProFlo Industries, LLC, is an OhioLimited Liability Company engaged in the airline refuelingbusiness. The principal customers of the business aremulti-national companies providing goods, services and advice inthe global aviation industry. ProFlo consists of one shareholder:Terry N. Bosserman who owns 100% of the shares.

ProFlo Industries filed for Chapter 11 bankruptcy protection(Bankr. N.D. Ohio Case No. 17-33184) on Oct. 8, 2017. In thepetition signed by Terry N. Bosserman, president, the Debtorestimated less than $1 million in assets and less than $500,000 inliabilities. The Debtor is represented by Patricia A. Kovacs,Esq.

No official committee of unsecured creditors has been appointed inthe Debtor's case.

QUALITY CARE: Swings to $443.5M Comprehensive Loss in 2017----------------------------------------------------------Quality Care Properties, Inc., filed with the Securities andExchange Commission its annual report on Form 10-K reporting a netloss and comprehensive loss of $443.46 million on $318.49 millionof total revenues for the year ended Dec. 31, 2017, compared to netincome and comprehensive income of $81.14 million on $471.17million of total revenues for the year ended Dec. 31, 2016.

Total revenues decreased by $152.7 million to $318.5 million forthe year ended Dec. 31, 2017 primarily due to a $161.2 millionaggregate net reduction/deferral/underpayment of rent due under theMaster Lease for the 2017 period. This decrease was partiallyoffset by a net $8.5 million increase primarily from rentescalations under the Master Lease, net of reductions related tothe sale of 28 non-strategic properties and one additional propertyduring 2017 and 2016.

Depreciation and amortization expense decreased by $33.9 million to$131.6 million for the year ended Dec. 31, 2017 primarily due toreductions related to depreciable assets with estimated usefullives of five years becoming fully depreciated in the first quarterof 2016 and reductions related to lower depreciable bases ofproperties that were impaired during the fourth quarter of 2016 andthe second and third quarters of 2017.

Operating expenses decreased by $1.3 million to $2.4 million forthe year ended Dec. 31, 2017 primarily due to certain assetmanagement costs no longer being allocated to operating expensesafter the Spin-Off, which was completed on Oct. 31, 2016.

General and administrative expenses increased by $5.1 million to$27.2 million for the year ended Dec. 31, 2017 primarily due toadditional compensation-related and other costs being incurred bythe Company on a stand-alone basis after the Spin-Off, which wascompleted on Oct. 31, 2016.

Restructuring costs of $18.5 million incurred during the year endedDec. 31, 2017 consist primarily of legal, advisory and diligencecosts related to the Company's restructuring and workoutdiscussions with HCR ManorCare, Inc.

Interest expense increased by $115.5 million to $140.5 million forthe year ended Dec. 31, 2017 primarily related to the indebtednessincurred in connection with the Spin-Off, which was completed onOct. 31, 2016.

During the year ended Dec. 31, 2017, the Company recognizedimpairment charges totaling $445.7 million related to certainproperties classified as held for use.

During the year ended Dec. 31, 2017, the Company recognized a gainof $3.3 million from the sale of seven non-strategic properties.During the year ended Dec. 31, 2016, the Company recognized a gainof $10.6 million from the sale of 22 non-strategic properties.

As of Dec. 31, 2017, Quality Care had $4.39 billion in totalassets, $1.79 billion in total liabilities, $1.93 million inredeemable preferred stock and total equity of $2.59 billion.

HCRMC is the Company's principal operator and lessee, representingapproximately 91% of its total revenues for the year ended Dec. 31,2017. HCRMC, along with other post-acute/skilled nursingoperators, has been and continues to be adversely impacted by achallenging operating environment in the post-acute/skilled nursingsector, which has put downward pressure on revenues and operatingincome.

At Dec. 31, 2017, the Company had 10 employees (including itsexecutive officers), none of whom was subject to a collectivebargaining agreement.

The HCRMC Transactions and the HCRMC Bankruptcy

On March 2, 2018, Quality Care entered into a plan sponsoragreement with HCRMC, HCP Mezzanine Lender, LP, a wholly ownedsubsidiary of QCP ("Purchaser"), and certain lessor subsidiaries ofQCP. The Plan Sponsor Agreement contemplates that, among otherthings, pursuant to a prepackaged plan of reorganization of HCRMCunder Chapter 11 of the Bankruptcy Code, the Purchaser will acquireall of the issued and outstanding capital stock of HCRMC, inexchange for the discharge under the Prepackaged Plan of all claimsof QCP against HCRMC and its subsidiaries arising under HCRMC'sguaranty of the Master Lease.

On March 4, 2018, as required by the Plan Sponsor Agreement, HCRMCfiled a voluntary petition for reorganization under chapter 11 ofthe Bankruptcy Code in the United States Bankruptcy Court for theDistrict of Delaware. Under the terms of the Plan SponsorAgreement and as contemplated in the Prepackaged Plan, allcreditors of HCRMC other than QCP will be unimpaired.

A full-text copy of the Form 10-K is available for free at:

https://is.gd/hr1uMb

About Quality Care

Quality Care Properties, Inc., headquartered in Bethesda, Maryland-- http://www.qcpcorp.com/-- was formed in 2016 to hold the HCR ManorCare portfolio, 28 other healthcare related properties, adeferred rent obligation due from HCRMC under a master lease and anequity method investment in HCRMC previously held by HCP, Inc.

* * *

In December 2017, S&P Global Ratings lowered its corporate creditrating on Quality Care Properties to 'CCC' from 'B-'. "Thedowngrade reflects our view that QCP has limited covenant cushionand a heightened probability of breaching its DSC covenant as earlyas the first or second quarter of 2018 absent an amendment of itscredit facilities, waiver by the lenders, or possible debt orcompany reorganization.

Affiliate R & S St. Rose, LLC, filed a separate Chapter 11 petition(Bankr. D. Nev. Case No. 11-14974) on April 4, 2011. According toits schedules, it disclosed $16,821,500 in total assets and$48,293,866 in total debts. Its primary asset consists of a feesimple interest in approximately 38 acres of raw land located inHenderson, Nevada.

R&S St. Rose Lenders has tapped Nedda Ghandi, Esq., of Ghandi LawOffices as bankruptcy counsel. The Debtor previously had Larson &Larson as counsel but the application was opposed by the U.S.Trustee, prompting the withdrawal.

Commonwealth Land Title Insurance Company is represented by ScottE. Gizer, Esq., at Early Sullivan Wright Gizer & McRae LLP, in LasVegas, Nevada, and Mary C.G. Kaufman, Esq., at Early SullivanWright Gizer & McRae LLP, in Los Angeles, California.

Affiliate R & S St. Rose, LLC, filed a separate Chapter 11 petition(Bankr. D. Nev. Case No. 11-14974) on April 4, 2011. According toits schedules, it disclosed $16,821,500 in total assets and$48,293,866 in total debts. Its primary asset consists of a feesimple interest in approximately 38 acres of raw land located inHenderson, Nevada.

R&S St. Rose Lenders has tapped Nedda Ghandi, Esq., of Ghandi LawOffices as bankruptcy counsel. The Debtor previously had Larson &Larson as counsel but the application was opposed by the U.S.Trustee, prompting the withdrawal.

Commonwealth Land Title Insurance Company is represented by ScottE. Gizer, Esq., at Early Sullivan Wright Gizer & McRae LLP, in LasVegas, Nevada, and Mary C.G. Kaufman, Esq., at Early SullivanWright Gizer & McRae LLP, in Los Angeles, California.

RAND LOGISTICS: Files Form 15 to Halt SEC Reporting Obligations---------------------------------------------------------------Rand Logistics, Inc., filed a Form 15 with the Securities andExchange Commission to notifying the termination of registration ofits common stock, $0.0001 par value per share, under Section 12(g)of the Securities Exchange Act of 1934.

On Feb. 28, 2018, the U.S. Bankruptcy Court for the District ofDelaware entered an order confirming the Joint Prepackaged Chapter11 Plan of Reorganization for the Company and certain of its directand indirect subsidiaries. On March 1, 2018, the effective date ofthe Plan occurred and all of the shares of Common Stock issued andoutstanding immediately prior to the effective date of the Planwere cancelled in accordance with the terms of the Plan.

As a result of the Form 15 filing, Rand Logistics is no longerobligated to file periodic reports with the SEC.

About Rand Logistics

Rand Logistics, Inc. -- http://www.randlogisticsinc.com/-- provides bulk freight shipping services in the Great Lakes region. Through its subsidiaries, the Company operates a fleet of tenself-unloading bulk carriers, including eight River Class vesselsand one River Class integrated tug/barge unit, and threeconventional bulk carriers, of which one is operated under acontract of affreightment. The Company's vessels operate under theU.S. Jones Act -- which dictates that only ships that are built,crewed and owned by U.S. citizens can operate between U.S. ports --and the Canada Marine Act -- which requires Canadian commissionedships to operate between Canadian ports. Headquartered in JerseyCity, New Jersey, Rand Logistics was formed in 2006 through theacquisition of the outstanding shares of capital stock of LowerLakes Towing Ltd. Common shares of Rand Logistics trade on theNASDAQ Capital Market under the symbol RLOG.

ROSSER RESERVE: Taps Winderweedle Haines as Legal Counsel---------------------------------------------------------Rosser Reserve, LLC, seeks approval from the U.S. Bankruptcy Courtfor the Middle District of Florida to hire Winderweedle, Haines,Ward & Woodman, P.A., as its legal counsel.

The firm will advise the Debtor regarding its duties under theBankruptcy Code; assist in the preparation of a plan ofreorganization; and provide other legal services related to itsChapter 11 case.

Winderweedle will replace the Law Offices of L. William Porter III,P.A., the firm initially employed by the Debtor as its legalcounsel.

Winderweedle received a retainer in the sum of $15,000 on Feb. 20,which was funded by the Debtor's member Green Tree DevelopmentGroup, LLC. Green Tree, on behalf of the Debtor, will pay the firman additional $20,000 as a retainer by April 5.

The firm has no connection with creditors of the Debtor or any"party-in-interest," according to court filings

Rosser Reserve is the fee simple owner of nine real properties inWindermere, Florida, valued by the company at $9.83 million.

Rosser Reserve, based in Oakland, Florida, filed a Chapter 11petition (Bankr. M.D. Fla. Case No. 17-07730) on Dec. 12, 2017. Inthe petition signed by Sue R. Prosser, its managing member, theDebtor disclosed $9.83 million in assets and $8.20 million inliabilities. The Law Offices of L. William Porter III, P.A.,serves as bankruptcy counsel to the Debtor. S. Avery Smith, Esq.,is the Debtor's special real estate counsel.

SAEXPLORATION HOLDINGS: Whitebox Has 44.9% Stake as of March 8--------------------------------------------------------------Whitebox Advisors LLC may be deemed to be the beneficial owner of10,052,865 shares of common stock of SAExploration Holdings, Inc.,constituting 44.96% of the Shares of the Issuer, based on14,913,837 shares of Common Stock issued and outstanding as ofMarch 8, 2018 based on the 8-K filed by the Issuer on March 8,2018. WA has the sole power to vote or direct the vote of 0Shares; has the shared power to vote or direct the vote of10,052,865 Shares; has the sole power to dispose or direct thedisposition of 0 Shares; and has the shared power to dispose ordirect the disposition of 10,052,865 Shares.

As of March 9, 2018, Whitebox General Partner LLC may be deemed tobe the beneficial owner of 10,052,865 Shares, constituting 44.96%of the Shares of the Issuer. WB GP has the sole power to vote ordirect the vote of 0 Shares; has the shared power to vote or directthe vote of 10,052,865 Shares; has the sole power to dispose ordirect the disposition of 0 Shares; and has the shared power todispose or direct the disposition of 10,052,865 Shares.

As of March 9, 2018, Whitebox Multi-Strategy Partners, LP may bedeemed to be the beneficial owner of 6,020,733 Shares, constituting31.11% of the Shares of the Issuer. WMP has the sole power to voteor direct the vote of 0 Shares; has the shared power to vote ordirect the vote of 6,020,733 Shares; has the sole power to disposeor direct the disposition of 0 Shares; and has the shared power todispose or direct the disposition of 6,020,733 Shares.

As of March 9, 2018, Whitebox Credit Partners, LP may be deemed tobe the beneficial owner of 2,004,934 Shares, constituting 12.22% ofthe Shares of the Issuer. WCP has the sole power to vote or directthe vote of 0 Shares; has the shared power to vote or direct thevote of 2,004,934 Shares; has the sole power to dispose or directthe disposition of 0 Shares; and has the shared power to dispose ordirect the disposition of 2,004,934 Shares.

As of March 9, 2018, Whitebox Asymmetric Partners, LP may be deemedto be the beneficial owner of 1,472,223 Shares, constituting 9.19%of the Shares of the Issuer. WAP has the sole power to vote ordirect the vote of 0 Shares; has the shared power to vote or directthe vote of 1,472,223 Shares; has the sole power to dispose ordirect the disposition of 0 Shares; and has the shared power todispose or direct the disposition of 1,472,223 Shares.

On March 5, 2018, an amendment to the Charter which increased theamount of authorized shares of Common Stock from 55,000,000 to200,000,000 and authorized the issuance of a number of shares ofCommon Stock in an amount up to 92.76% of the outstanding shares ofCommon Stock, on a fully diluted basis as of the closing of the2018 Exchange Offer (approximately 131,292,475 shares) becameeffective as a result of the required shareholder approval.

On March 6, 2018, the Issuer issued 4,491,674 shares of CommonStock and on March 8, 2018, the Issuer issued 14,098,370 series Dwarrants with terms identical to those of the Series C Warrants inconnection with a mandatory conversion of the Series B PreferredShares. As a result of the mandatory conversion, the Issuerconverted all outstanding shares of the Series B Preferred Sharesinto shares of Common Stock and/or Series D Warrants, upon whicheach holder of Series B Preferred Shares received, for each shareof Series B Preferred Shares being converted, a number of shares ofCommon Stock and/or a number of Series D Warrants, in aggregateequal to the conversion rate. The initial conversion rate for theSeries B Preferred Shares is 21.7378 shares of Common Stock, or, ifa warrant election is made, 21.7378 Series D Warrants (with sharesof Common Stock or Series D Warrants, as applicable, issued inwhole integral multiples, rounded down in lieu of any fractionalshares or warrants, as applicable), per share of Series B PreferredShares. WMP, WCP, WAP and a certain other WA Private Fund, asholders thereof, elected to receive solely Series D Warrants.

A full-text copy of the regulatory filing is available at:

https://is.gd/UkYErn

About SAExploration Holdings

Based in Houston, Texas, SAExploration Holdings, Inc. --http://www.saexploration.com/-- is an internationally-focused oilfield services company offering a full range ofvertically-integrated seismic data acquisition and logisticalsupport services in remote and complex environments throughoutAlaska, Canada, South America, Southeast Asia and West Africa.

SAExploration reported a net loss attributable to the Company of$25.03 million for the year ended Dec. 31, 2016, a net lossattributable to the Company of $9.87 million for the year endedDec. 31, 2015, and a net loss attributable to the Company of $41.75million for the year Dec. 31, 2014. The Company's balance sheet atSept. 30, 2017, showed $158.6 million in total assets, $143.3million in total liabilities and $15.28 million in totalstockholders' equity.

* * *

In June 2016, S&P Global Ratings lowered its corporate creditrating on SAExploration Holdings to 'CC' from 'CCC-'. At the sametime, S&P lowered the issue-level rating on the company's seniorsecured notes to 'CC' from 'CCC-'. The outlook remains negative. The downgrade follows SAExploration's announcement that it plans tolaunch an exchange offer to existing holders of its 10% seniorsecured notes for shares of common equity and a new issue ofsecond-lien notes. Following the rating action, S&P withdrew thecorporate credit and issue-level ratings at the company's request.

Moody's Investors Service withdrew SAExploration's 'Caa2' CorporateFamily Rating and other ratings. Moody's withdrew the rating forits own business reasons, as reported by the TCR on Sept. 13, 2016.

SAMBILL LLC: Hires Wilkins & Wilkins LLP as Attorney----------------------------------------------------Sambill, LLC, seeks authority from the United States BankruptcyCourt for the Western District of Texas (San Antonio) to hire JamesS. Wilkins and Wilkins & Wilkins LLP as attorney.

Sambill, LLC, is a privately held company in Boerne, Texas. Sambillfiled a Chapter 11 petition (Bankr. W.D. Tex. Case No. 18-50345) onFeb. 17, 2018. In the petition signed by Sam Bournias, managingmember, the Debtor estimated $1 million to $10 million in bothassets and liabilities. The case is assigned to the Hon. Craig A.Gargotta. James S. Wilkins at Wilkins & Wilkins LLP is theDebtor's counsel.

SEQUOIA AHWATUKEE: Taps James Portman Webster as Legal Counsel--------------------------------------------------------------Sequoia Ahwatukee Investments, LLC, received approval from the U.S.Bankruptcy Court for the District of Arizona to hire James PortmanWebster Law Office, PLC, as its legal counsel.

The firm will advise the Debtor regarding its duties under theBankruptcy Code; assist in resolving postpetition financing issues;assist in the preparation of a plan of reorganization; and provideother legal services related to its Chapter 11 case.

James Portman Webster, Esq., the attorney who will be handling thecase, charges an hourly fee of $250. Law clerks and paralegalscharge $125 per hour while the firm's secretary and legalassistants charge $75 per hour.

The firm has no connection with creditors of the Debtor or any"party-in-interest," according to court filings.

Sequoia Ahwatukee Investments, LLC, headquartered in Phoenix,Arizona, listed its business as single asset real estate (asdefined in 11 U.S.C. Section 101(51B)). It is a small businessdebtor as defined in 11 U.S.C. Section 101(51D).

Sequoia Ahwatukee Investments sought protection under Chapter 11 ofthe Bankruptcy Code (Bankr. D. Ariz. Case No. 18-01732) on Feb. 26,2018. In its petition signed by Charles Chiu, member, the Debtorestimated assets of less than $1 million and liabilities of $1million to $10 million. Judge Paul Sala presides over the case.

SEVEN STARS: Unit Buys 500,000 DBOT Shares from Shawn Sloves------------------------------------------------------------Seven Stars Cloud Group, Inc. has entered into a stock purchaseagreement with Shawn Sloves, China Broadband, Ltd., a wholly-ownedsubsidiary of Seven Stars Cloud Group, Inc. (the "Purchaser") andDelaware Board of Trade Holdings, Inc., pursuant to which Slovesagreed to sell 500,000 shares of common stock of DBOT to ChinaBroadband and the Company issued an aggregate of 320,000 shares ofCommon Stock of the Company to Sloves. Sloves agreed to a one-yearlock up period for the shares of common stock of the Companyreceived by Sloves pursuant to the Sloves Purchase Agreement.

About Seven Stars

Seven Stars Cloud Group, Inc., formerly Wecast Network, Inc. --http://www.sevenstarscloud.com/-- is aiming to become a next generation Artificial-Intelligent (AI) & Blockchain-Powered,Fintech company. By managing and providing an infrastructure andenvironment that facilitates the transformation of traditionalfinancial markets such as commodities, currency and credit into theasset digitization era, SSC provides asset owners and holders aseamless method and platform for digital asset securitization anddigital currency tokenization and trading. The company isheadquartered in Tongzhou District, Beijing, China.

KPMG Huazhen LLP, in Beijing, China, issued a "going concern"qualification in its report on the consolidated financialstatements for the year ended Dec. 31, 2016, noting that theCompany incurred recurring losses from operations, has net currentliabilities and an accumulated deficit that raise substantial doubtabout its ability to continue as a going concern.

Webcast reported a net loss of $27.43 million in 2016 following anet loss of $8.54 million in 2015. As of Sept. 30, 2017, SevenStars had $71.55 million in total assets, $47.76 million in totalliabilities, $1.26 million in convertible redeemable preferredstock, and $22.53 million in total equity.

SOMERSET ACADEMY: S&P Rates 2018A/B School Revenue Bonds 'BB'-------------------------------------------------------------S&P Global Ratings assigned its 'BB' rating and stable outlook toNevada Department of Business & Industry's series 2018A and 2018B(taxable) charter school lease revenue bonds, issued for SomersetAcademy of Las Vegas, and affirmed its 'BB' rating, with a stableoutlook, on the department's existing debt issued for Somerset.

Based on the group-rating methodology, published Nov. 19, 2013, onRatingsDirect, the rating analysis encompasses the entire SomersetAcademy of Las Vegas organization. The rating reflects S&P GlobalRatings' group credit profile on Somerset Academy and its view thatthe four schools obligated to support the bonds are core to theorganization. The obligated group accounts for the majority ofrevenue and enrollment of Somerset. Due to the obligated group'score status, the rating is equal to that on the group creditprofile. The rating applies only to the bonds and not to SomersetAcademy of Las Vegas as an organization.

"We could raise the rating or revise the outlook to positive iffinancial metrics were consistently in-line with a higher-ratingcategory, including lower debt and higher lease-adjusted maximumannual debt service coverage and cash," said S&P Global Ratingscredit analyst Melissa Brown. "We could lower the rating or revisethe outlook to negative during the one-year outlook period ifmanagement does not meet enrollment projections such that financialperformance were to deteriorate, cash were to decline, andlease-adjusted maximum annual debt service coverage were to weaken.In addition, if Somerset were to issue additional debt thatmaterially impairs financial operations, we could also lower therating or revise the outlook to negative."

Based on the application of the group-rating methodology and sincethe obligated group is core to the organization, the stable outlookreflects S&P Global Ratings' expectation that Somerset will likelymaintain its excellent enrollment growth and solid demand, achievepositive operations, and continue to grow unrestricted reserves.S&P Global Ratings also expect Somerset Academy will likelyprudently manage its growth so liquidity and lease-adjusted maximumannual debt service coverage remain at levels the rating serviceconsiders consistent with the rating category.

The department is issuing the series 2018A and 2018B bonds onparity with the series 2015 bonds. Gross revenue of the North LasVegas I, Sky Pointe, Stephanie, and Losee campuses secures thebonds. State payments made on behalf of the obligated schools aresubject to a monthly intercept for the repayment of debt service.

SPEED VEGAS: Committee Taps Fox Rothschild as Legal Counsel-----------------------------------------------------------The official committee of unsecured creditors of Speed Vegas, LLCseeks approval from the U.S. Bankruptcy Court for the District ofDelaware to hire Fox Rothschild LLP as its legal counsel.

The firm will advise the committee regarding its duties under theBankruptcy Code; investigate the Debtor's business operation andother matters relevant to its Chapter 11 case and the formulationof a bankruptcy plan; and provide other legal services related tothe Debtor's Chapter 11 case.

On Dec. 15, 2017, the Delaware Court converted the involuntarybankruptcy petition to a voluntary action. The Hon. Kevin J. Careypresides over the case.

Bielli & Klauder, LLC, is the Debtor's bankruptcy counsel.

SPIRIT AIRLINES: Fitch Affirms BB+ IDR & Alters Outlook to Negative-------------------------------------------------------------------Fitch Ratings has affirmed Spirit Airlines Inc.'s Issuer DefaultRating at 'BB+' and revised its Rating Outlook to Negative fromStable. Fitch has also affirmed its existing ratings on Spirit's2015-1 and 2017-1 series of EETCs.

The Outlook revision was driven by a stiff competitive environment,upcoming increases in salaries and wages due to Spirit's recentlyratified pilot contract, and higher-than-expected fuel costs, allof which will pressure operating margins and cause leverage toremain elevated at least through 2018 and 2019. Fitch's priorforecast anticipated that Spirit's credit metrics would weaken, butthe softness in the unit revenue environment and the run-up in fuelwere greater than expected. Therefore some of Spirit's creditmetrics could remain outside a level commensurate with the 'BB+'rating for longer than previously anticipated. Fitch expectsSpirit's credit metrics to gradually improve over the next severalyears. Should that improvement fail to materialize, Fitch may takea negative rating action.

The 'BB+' rating is supported by Spirit's solid profitability,healthy liquidity, and low cost structure. Spirit's cost advantageover its peers remains a significant ratings factor as it providesthe company a meaningful cushion to operate through potentialfuture economic downturns. The ratings are also supported by animproving unit revenue environment among U.S. air carriers.

KEY RATING DRIVERS

Weaker Operating Margins: Spirit remains solidly profitablecompared to airline peers, but margin performance deteriorated in2017, and Fitch does not anticipate any material improvement in thenear term. In 2017 Spirit's EBIT margin was 15.6%, which was 5.5percentage points lower than 2016 due to the headwinds mentionedabove, along with several one-time items such as disruptions fromhurricanes and pilot work actions. Spirit's margin premium to theindustry has declined over the past two years as it faced unitrevenue pressures of a greater magnitude than its peers. Spiritremains solidly profitable, but Fitch now anticipates that it maygenerate margins that are only in-line with or slightly above theindustry average over the next several years compared to themeaningful outperformance that it generated in the 2011-2017 timeperiod. Margin pressures will be due, in part, to Spirit's pilotcontract. Spirit's pilots recently ratified a contract thatincludes an average pay hike of 43%. Fitch expects that some of theadditional cost will be offset by pilot work rules that are morefavourable to the company. Nevertheless, the new pilot deal willpresent a material headwind.

Mixed Credit Metrics: Spirit's adjusted leverage has increased overthe past year as it has taken on debt to finance aircraft and asmargins have declined. On an adjusted basis (including operatingleases) Fitch calculates Spirit's total adjusted debt/EBITDAR at4.7x as of 12/31/2017, which is up from 3.7x a year ago. Spirit'sleverage position compared to peers has suffered as leveragemetrics for much of the rest of the industry have improved orflattened out as fuel prices remain moderate and as some airlineshave paid down debt or purchased aircraft with cash. Leverage wasalso temporarily impacted by one-time events in 2017 includingpilot work actions and severe weather events. Absent these events,Fitch estimates that leverage would have been closer to 4.3x.

Fitch's concerns regarding Spirit's leverage are partially offsetby the company's low cost structure and large cash balance.Although Fitch generally focuses on gross leverage metrics forairline companies due to the possibility for cash balances todecline quickly in stress scenarios, the size of Spirit's cashbalance mitigates some concerns around leverage. As of year-endSpirit's cash balance totaled 34% of LTM revenue, a level that iswell above most peers. Two-thirds of Spirit's adjusted debt iscomprised of capitalized operating rent expenses. Debt/EBITDA (notincluding rent expense) remains modest at 2.7x. Fitch expects thattotal adjusted leverage will remain close to 4.5x over the nextyear or two depending on competition, profitability and financingpreferences, but will slowly trend lower.

Spirit's coverage metrics are weak compared to some peers becauseof the company's heavy use of operating leases. FFO/Fixed chargecoverage as of year-end was 2.2x, which is down from 2.5x a yearago and remains weak compared to its peer group. Fitch expectscoverage metrics to improve over the next several years due to thebenefits of owning aircraft versus having operating leases.

Unit Revenues to Improve: Fitch expects unit revenues to flattenout or improve modestly through 2018 based on higher fuel costs anda generally more positive revenue environment. However, Fitchexpects that a highly competitive operating environment andmaterial levels of capacity growth from other carriers will likelykeep a lid on material unit revenue growth in the near term.Spirit's total RASM is likely to remain well below the levels thatthe company generated prior to 2015 when unit revenues started todecline sharply.

Negative FCF: Fitch expects Spirit's free cash to remain negativefor the intermediate term as high capital spending is sustained byheavy aircraft deliveries in the coming years. Spirit generatednegative FCF of -$353 million in 2017, and Fitch anticipates thatthe company's deficit will be in the same range or slightly greaterin 2018 reflecting higher fuel and labor costs in addition tomaterial spending on aircraft deliveries.

EETC Ratings:The 'AA' and 'A' ratings on the 2017-1 class AA and class Acertificates along with the 'A' rating on the 2015-1 class Acertificates are primarily based on a significant amount ofovercollateralization and a high quality pool of underlying assets.Since Fitch's previous reviews of these transactions, asset values,and the levels of overcollateralization have remained relativelystable. The 2017-1 transaction is secured by five A321-200s andseven A320-200s that are scheduled to be delivered between late2017 and late 2018. The 2015-1 transaction is secured by 12A321-200s and three A320-200s delivered in 2015 and 2016. Fitchconsiders both the A320 and A321 to be high-quality tier 1 assets.

The class B certificate ratings of 'BBB+' for both the 2017-1 and2015-1 class B certificates are derived by notching up fromSpirit's corporate rating of 'BB+'. The three notch ratings uplifton the B certificates reflects Fitch's view that the affirmationfactor for this pool of aircraft is high (plus two notches), anddue to the presence of an 18-month liquidity facility (plus onenotch).

DERIVATION SUMMARY

Spirit's 'BB+' rating is supported by its low cost structure andsolid operating margins compared to peers. Operating marginscompare favorably to North American Airlines that Fitch rates inthe 'BBB' category such as Delta Air Lines and Southwest Airlines.These factors act as an effective buffer against economic downturnsas they allow its ability to operate profitably while offering lowfares. Spirit also maintains a sizeable liquidity balance comparedto its peer set. As of year-end 2017, Spirit had a cash balanceequal to 34% of LTM revenue, which is notably higher than peersrated in the 'BB' or 'BBB' category. Spirit's liquidity advantageis offset by its comparatively small base of unencumbered assets.

Spirit's ratings are constrained by its relatively high grossadjusted leverage compared to peers. Fitch calculates Spirit'sadjusted leverage at 4.7x as of year-end, which is higher thanother 'BB' rated peers such as United (BB, 3.8x) and JetBlue (BB,2.3x). Unlike the major network carriers (Delta, United, andAmerican) Spirit has no pension obligations, which partiallyoffsets its higher gross leverage ratio. (Fitch does not includepension deficits in total debt.) Free cash flow is also weakcompared to peers rated in the 'BB' category, but this is largelyattributable to Spirit's high rate of growth.

KEY ASSUMPTIONS

Fitch's key assumptions within Fitch rating case for the issuerinclude: -- Capacity growth in the low 20% range in 2018 followed by mid- teens growth thereafter; -- Continued moderate economic growth in the U.S. over the near- term, translating into stable demand for air travel; -- Jet Fuel prices of around $2.15/gallon throughout the forecast

period; -- Neutral to slightly positive RASM increase in 2018 followed by

As of Dec. 31, 2017 Spirit had cash and equivalents of $902million, equal to 34% of LTM revenue. Spirit's financialflexibility is supported by the absence of significant near-termdebt maturities and lack of pension obligations. The company'supcoming debt maturities are manageable at less than $130 millionper year. Spirit has also unencumbered some assets including eightA319s and four spare engines. In 2016 Spirit used cash to acquireseven A319s, which were formerly under lease agreements, with atotal fair value of $95.7 million.

Spirit's cash equivalents consist of highly liquid money marketfunds and $101 million in short-term investments. The company alsomaintains two lines of credit totaling $85.1 million. The creditlines consist of a $33.6 million line related to corporate creditcards that the company uses for interrupted trip expenses and crewhotels, among other things, and a $51.5 million line available forboth physical fuel delivery and jet fuel derivatives. As of Dec. 31, 2017, the company had drawn $1.7 million on the former and$24.2 million on the latter. The company also maintains $35 millionin unsecured standby letter of credit facilities. As of Dec. 31,2017, the company had $17.5 million in outstanding letters ofcredit under this facility.

-- Assets (Held at End of Year) and Assets (Acquired andDisposed of Within the Year); -- Loans or Fixed Income Obligations in Default orClassified as Uncollectible; -- Leases in Default or Classified as Uncollectable; -- Reportable Transactions; -- Nonexempt Transactions; and -- Delinquent Participant Contributions;

c. issue a written report upon completion of the audit of the401(k) Plan’s financial statements.

Charity E. Monk, partner with Ross Lane & Company, LLC, atteststhat Ross Lane is a "disinterested person" within the meaning ofsection 101(14) of the Bankruptcy Code, as required by section327(a) of the Bankruptcy Code, and does not hold or represent anyinterest materially adverse to the Debtor’s estate.

Founded in 2007 by Dr. Ajeet Rohatgi, Suniva, Inc. --http://www.suniva.com/-- is a manufacturer of PV solar cells with manufacturing facilities at its metro-Atlanta, Georgia headquartersas well as in Saginaw, Michigan.

Impacted by Chinese manufacturers who are able to flood the U.S.market for solar cells and modules with cheap imports, Suniva,Inc., filed a voluntary petition for relief under Chapter 11 of theBankruptcy Code (Bankr. D. Del. Case No. 17-10837) on April 7,2017. Suniva estimated $10 million to $50 million in assets and$100 million to $500 million in debt.

The Hon. Kevin Gross is the case judge.

Kilpatrick, Townsend & Stockton LLP is serving as general counselto the Debtor. Potter Anderson & Corroon LLP is serving as Delawarecounsel, with the engagement led by Stephen R. McNeill, JeremyWilliam Ryan. Garden City Group, LLC, is the claims and noticingagent.

Andrew R. Vara, Acting U.S. Trustee for Region 3, on April 27,2017, appointed five creditors of Suniva, Inc., to serve on theofficial committee of unsecured creditors. The Committee tappedSeward & Kissel LLP as counsel, Morris, Nichols, Arsht & TunnellLLP as co-counsel, and Emerald Capital Advisors as financialadvisors.

SUNSHINE SEATTLE: Chef Lu Buying Seattle Restaurant for $177K-------------------------------------------------------------Sunshine Seattle Enterprises, LLC, asks the U.S. Bankruptcy Courtfor the Western District of Washington to authorize the sale of itsrestaurant, Henry's Taiwan Restaurant, located at 4106 BrooklynAvenue, Suite 102B, in the University District of Seattle,Washington to Chef Ku, LLC for the sum equal to the amountnecessary to pay all creditors in full with interest at the federalrate in the approximate amount of $176,899 (which includes theinterest paid over time).

A hearing on the Motion is set for March 23, 2018 at 9:30 a.m. Theobjection deadline is March 16, 2018. The final hearing is set forMarch 30, 2018 at 9:30 a.m. The reply deadline is March 23, 2018.

In 2013, the Debtor was formed, and it opened and operated thepresent location of Henry's Taiwan Kitchen in the UniversityDistrict. Another location was opened around the same time atArizona State University in Tempe. That location was operated by adifferent entity and has since closed.

Unfortunately, a few years into operation of the UniversityDistrict restaurant, a dispute arose between the two individualowners of the Debtor. The Debtor is owned by Henry's TaiwanRestaurant Group, LLC. That company is in turn owned 50% by 15WKitchen, LLC, and 50% by JZX118, LLC. 15W Kitchen is owned 100% byHenry Ku. JZX118 is owned 100% by Xuanxuan Cao, although it is herson, Zaozao "Jonathan" Zhang, who was actually participating in theoperation of the restaurant (through a power of attorney that heholds for his mother as the other nominal owner). The dispute inmanagement between Mr. Zhang and Mr. Ku appears to have intensifiedtoward the end of 2016 and into 2017.

A review of the 2016 partnership tax return of Henry's TaiwanRestaurant Group, LLC, indicates a healthy business which generatedthat year $136,250 in net income after expenses. However,excessive draws by the individual owners of $212,311 crippled thebusiness and depleted the cash reserves that had previouslyexisted, reducing them from a starting balance of $56,919 at thebeginning of 2016, to a mere $7,376 by the end of 2016. Thesewithdrawals by the owners resulted in the company falling behind onbills, necessitating the filing of the involuntary Chapter 11petition.

The Debtor believes these excessive draws violated R.C.W.25.15.231(2), which if true, would make the equity holderspersonally liable to creditors of the debtor under R.C.W.25.15.236. The LLC presumably holds claims against both Henry Kuand Jonathan Zhang to the extent that they received distributionsahead of unpaid creditors.

The current lease would have expired on Feb. 28, 2018, but thecurrent manager, Henry Ku, obtained a one-month extension of thatlease. Jonathan Zhang previously indicated in July, 2017 that hewas unwilling to personally guarantee a renewal of the lease. Bothowners of the business had to personally guarantee the currentlease. Without both guarantees, the Debtor will not be able torenew the current lease.

Henry Ku, however, has indicated a desire and willingness tooperate the restaurant, but only if it's done through a new entitywithout any ownership involvement with his former co-owner JonathanZhang. The landlord has indicated he is willing to lease thecurrent premises to Henry Ku under 10-year lease term, based on hispersonal guarantee of a new lease.

Henry Ku's company Chef Ku, proposes to purchase the Debtor'sbusiness for the sum equal to the amount necessary to pay allcreditors in full with interest at the federal rate, which Debtorestimates totals approximately $176,899 (which includes theinterest paid over time). The proposed purchase price would notgenerate any funds for the equity holders.

The total purchase price referenced would be paid by the Buyer fromproceeds of the continuing restaurant operations, in the form ofmonthly payments to creditors of the Debtor over a five-yearperiod. Those payments would be distributed among the variousclasses of claims in a manner consistent with the BankruptcyCode’s priority structure. The monthly plan payments are a downpayment of $10,000 and monthly payments of $2,707 over 5 years fora total payment of $172,395. The Debtor will file a small businessplan and a disclosure statement which spell out these proposedpayments in more detail.

However, should the proposed plan payments be insufficient to fullyfund the Debtor's confirmed plan, monthly payments of $2,707 willcontinue until all obligations under the Debtor's confirmed planare satisfied. The Motion will be set for hearing on March 23,2018, so that the sale might be approved prior to the end of theDebtor's lease on March 30, 2018. If the sale is approved, theclosing will occur before the end of the Debtor's lease on March30, 2018. The Debtor's Plan and Disclosure Statement will be notedfor plan approval on April 13, 2018, or such earlier date as mightbe specifically set.

The assets that are proposed to be transferred to the buyer as partof the sale: (i) monies in the Debtor's bank account as of closing$43,000 (based on the original Schedule B); (ii) rent deposit withlandlord - $5,891; (iii) accounts receivable - $2,500; (iv) foodinventory - $1,000; (v) kitchen equipment - $4,000; (vi) cashregister - $1,000; and (vii) business' good will, phone number,website, existing advertising (the balance of the purchase price). The recipes of Henry Ku do not belong to the Debtor and wouldtherefore not be part of any sale of the business.

The Hon. Timothy W. Dore, the case judge, on Dec. 13, 2017, enteredfor relief against Sunshine Seattle under Chapter 11 of the U.S.Bankruptcy Code. The order for relief was entered after noresponses to the involuntary petition were filed.

S&P said, "At the same time, we affirmed our 'BBB-' issue-levelrating on the company's senior secured credit facilities and our'BB' issue-level rating on its unsecured notes. The '1' recoveryrating on the senior secured credit facilities remains unchanged,indicating our expectation for very high (90%-100%; roundedestimate: 100%) recovery in the event of a default. The '4'recovery rating on the unsecured notes also remains unchanged,indicating our expectation for average recovery (30%-40%; roundedestimate: 40%) in the event of a payment default.

"The outlook revision reflects our belief that improving conditionsin the company's end markets combined with benefits frommanagement's rationalization initiatives will support revenuegrowth in the mid-to-high single digit percent area and modestmargin expansion. Specifically, we expect that these factors willcause the company's S&P Global adjusted debt-to-EBITDA metric todecline to the 3.0x-3.5x range by the end of 2018.

"The stable outlook on Terex reflects our expectation thatimproving demand across the company's three business segments,strong backlog growth, and modest margin improvement will enable itto maintain a debt-to-EBTIDA leverage metric of less than 4x overthe next 12 months. The stable outlook also incorporates our beliefthat the company will partially mitigate increases in its rawmaterial costs by passing on modest surcharges to its customers.

"We could lower our ratings on Terex if its leverage increasesabove 4.0x debt-to-EBITDA and we expect it to remain at this level.This would most likely be caused by a much higher-than-expectedincrease in the company's raw material costs due to the recentlyimposed U.S. tariffs on steel, particularly if Terex is unable topass along a meaningful amount of those increase to its customers.

"While we view an upgrade as unlikely over the next year givenTerex's still compressed profit margins and our expectation forincreased raw material costs, we could raise our ratings on thecompany if it reduces its leverage below 3x."

The 'CCC' issue rating and '6' recovery rating on the company's$115 million second-lien term loan maturing in 2025 are unchanged.The '6' recovery rating indicates S&P's expectation of negligiblerecovery (0-10%; rounded estimate: 0%) in the event of a paymentdefault. Pro forma the transaction, S&P estimates TGP will haveroughly $461 million of reported debt outstanding.

The proceeds from the refinanced facility will be used to pay downthe current first-lien facility and fund an earn-out associatedwith the LBO.

S&P's 'B-' rating on TGP reflects its view of the company's narrowproduct scope, geographic and regional concentrations,participation in the smaller wood pellet grill category, and thehighly discretionary nature of its products.

THIRUSELVAM SAKTHIVEIL: Ariz. Ct. Affirms Order Appointing Receiver-------------------------------------------------------------------In the appeals case captioned CAPITAL FUND II LLC,Plaintiff/Appellee, v. THIRUSELVAM SAKTHIVEIL, Defendant/Appellant,AVANT GARDE RESIDENTIAL MANAGEMENT SERVICES LLC, Receiver/Appellee,No. 1 CA-CV 17-0228 (Ariz. App.), Sakthiveil appeals the superiorcourt's appointment of a receiver and the denial of his motions todissolve the receivership and to set aside trustee's sales of realproperty securing debts on which he had defaulted. The ArizonaCourt of Appeals affirms the orders.

Sakthiveil argues the superior court erred in appointing thereceiver and by denying his subsequent motion to dissolve thereceivership.

Under section 12-1241, the superior court may appoint a receiverwhen it determines "that the property or the rights of the partiesneed protection." Here, Sakthiveil stipulated through counsel to anorder in which the court found "that no other adequate remedyexists for the protection and preservation of [Capital Fund's]rights with respect to the property." The record supports thisfinding. Sakthiveil does not dispute that he had defaulted on theloans, and, according to a declaration by a Capital Fund officer,several of the properties were in disrepair, with exposedelectrical wiring and broken windows. Because such conditionsadversely affected the value of the properties, the court did notabuse its discretion in appointing a receiver to manage theproperties until the trustee's sales.

Sakthiveil also contends the superior court erred by denying hismotion to dissolve the receivership because the receiver failed tocollect rents, evict tenants in arrears or properly manage theproperties. He presented the superior court no evidence to supportthat contention, however, and his assertions are not borne out bythe record. The "February 2016 Cash Collateral Report" thatSakthiveil filed with the bankruptcy court shows the propertiesmade a net income of $931 that month under Sakthiveil's management.The receiver showed a net income of $3,679 in May 2016 -- the firstmonth of the receivership -- $5,030 in June 2016, and $3,408 inJuly -- the month of the trustee's sales. Moreover, Sakthiveiloffered no evidence that the receiver acted outside the scope ofthe appointment order, which allowed it, inter alia, to enter thepremises, collect rents, negotiate leases and market theproperties. Nor did Sakthiveil offer evidence to support hisassertion that any of the properties deteriorated due to action orinaction by the receiver.

Finally, although Sakthiveil suggests the superior court shouldhave dissolved the receivership on the basis that the receiver didnot send him monthly accounting, it is not clear that any monthlyaccounting would have been due during the short period between thedate the court appointed the receiver and the date Sakthiveil movedto dissolve the receivership.

A full-text copy of the Court's Memorandum Decision dated Feb. 22,2018 is available at https://is.gd/TDaSud from Leagle.com.

TITAN ENERGY: Lenders Extend Default Waiver Until March 16----------------------------------------------------------Titan Energy, LLC, its subsidiary, Titan Energy Operating, LLC, asborrower, and certain subsidiary guarantors entered into the SecondAmendment to the Limited Waiver Agreement with respect to theCompany's Third Amended and Restated Credit Agreement, as amended,with Wells Fargo Bank, National Association, as administrativeagent, and the lenders. The Amendment has an effective date ofMarch 1, 2018. Pursuant to the Amendment, the lenders agreed toextend the length of the waiver from Feb. 15, 2018 to March 16,2018.

The Borrower, the Parent, the Administrative Agent and certainLenders have entered into that certain Limited Waiver Agreementdated as of Dec. 8, 2017, pursuant to which the Lenders have waivedcertain Defaults and Events of Default that exist under the CreditAgreement and the other Loan Documents.

A full-text copy of the Second Amendment to Limited WaiverAgreement is available for free at https://is.gd/d9W1te

In connection with, and as a condition to, the effectiveness of theAmendment, the lenders under the Company's second lien creditfacility agreed to extend the standstill period under theintercreditor agreement (during which the lenders under the SecondLien Facility are prevented from pursuing remedies against thecollateral securing the Company's obligations under the Second LienFacility) until April 6, 2018.

About Titan Energy

Pittsburgh, Pennsylvania-based Titan Energy, LLC is an independentdeveloper and producer of natural gas, crude oil and NGLs, withoperations in basins across the United States with a focus on thehorizontal development of resource potential from the Eagle FordShale in South Texas. The Company is a sponsor and manager ofDrilling Partnerships in which the Company co-invest, to finance aportion of its natural gas, crude oil and natural gas liquidsproduction activities. Titan Energy is the Successor to thebusiness and operations of ARP, a Delaware limited partnershiporganized in 2012.

For the period from Sept. 1 through Dec. 31, 2016, Titan Energyreported a net loss of $33.31 million. For the period from Jan. 1,2016, through Aug. 31, 2016, the Company reported a net loss of$177.4 million.

Grant Thornton LLP, in Cleveland, Ohio, issued a "going concern"qualification in its report on the consolidated financialstatements for the year ended Dec. 31, 2016, citing that theCompany does not have sufficient liquidity to repay all of itscurrent debt obligations. The Company's business plan for 2017contemplates asset sales, obtaining additional working capital, andthe refinancing or restructuring of its credit agreements tolong-term arrangements, or other modifications to its capitalstructure. The Company's ability to achieve the foregoing elementsof its business plan, which may be necessary to permit therealization of assets and satisfaction of liabilities in theordinary course of business, is uncertain and raises substantialdoubt about its ability to continue as a going concern.

As of Sept. 30, 2017, Titan Energy had $605.4 million in totalassets, $605.5 million in total liabilities and a $61,000 totalmembers' deficit.

TOW YARD: Proposes an Auction of Equipment by Key Auctioneers-------------------------------------------------------------Tow Yard Brewing, LLC, asks the U.S. Bankruptcy Court for theSouthern District of Indiana to authorize the sale auction of allof its brewing and restaurant equipment assets located at 501 SMadison Ave., Indianapolis, Indiana, free and clear of anyinterests, liens, claims and encumbrances.

The Debtor owns and operates a brewery and restaurant in downtownIndianapolis. It filed the case in order to forestall evictionfrom the premises in which it operates by its landlord. The Debtorhas determined after substantial negotiations with its landlordthat there is no viable way to continue to occupy the premises andotherwise cannot continue to operate without such premises.

BMO Harris Bank is the secured creditor having a blanket lienbehind purchase money financiers on the Equipment to secure a claimof approximately $240,000. As of the Petition Date, there was onepurchase money secured creditor having a claim of approximately$2,500, meaning almost all of the proceeds from the sale proposedherein will go to satisfy the BMO claim.

The Debtor does not have the capital to make its operation aprofitable enterprise that will generate money for the bankruptcyestate. As a result, it believes that an orderly liquidation ofthe Equipment will benefit both the Debtor and the bankruptcyestate.

The Debtor filed its Application to Employ Auctioneercontemporaneously with the filing of the Motion wherein itrequested authority to employ Key Auctioneers, 5520 S Harding St,Indianapolis, Indiana to sell the Equipment by open outcry auctionto be held on April 9, 2018. The auction will be conductedpursuant to the proposed bid procedures.

The Bidding Procedures are:

a. Conduct of Auction; Sale of Property; Open Outcry Auction:The Equipment will be sold at public open outcry auction, free andclear of liens and encumbrances on April 9, 2018. Bidders may alsobid online at www.keyauctioneers.com or through the Key Auctioneersmobile app, available for both iOS and Android mobile operatingsystem. The property will be sold on an "as is, where is" basiswith no representations or warranties of any kind other than awarranty of title. Payment must be received in full on the day ofthe auction. Acceptable payment methods will be cash, credit card(MVD & AMEX), check with an accompanying Bank Letter of Guaranteeof Funds, ACH or wire transfer. They will charge the purchaserson-site a 15% Buyer's Premium and online purchasers an 18% Buyer'sPremium. The Purchasers will be required to remove their purchasesduring Key's open removal times or by appointment. The Purchasersmust have their purchases removed on or before April 14, 2018,otherwise their purchases will be considered abandoned. Foradditional information, contact Key Auctioneers at (317)353-1100 orinfo@keyauctioneers.com.

b. Credit Bidding: The Debtor, BMO Harris Bank and Key agreethat secured creditors having an Allowed Secured Claim entitled topriority over other secured creditors will be allowed to credit bidtheir claim. By separate motion the Debtor has filed his Motionfor Bar Date seeking to establish a deadline for creditors toobtain an Allowed Secured Claim for purposes of credit bidding inthe sale.

c. Bidding Procedure: All bidders must pre-register with theauctioneer in order to bid. The successful high bidder will berequired to pay the bid amount at the close of bidding.

The Equipment will be marketed by Key in order to obtain the bestpossible price. As Key will be accepting bids from all interestedparties, the market will set the price for the Equipment, and thepurchaser will not receive a windfall. In the event that there arenot sufficient net proceeds from the sale to pay sale expenses, theDebtor proposes to surcharge each secured creditor a pro rataportion of those expenses based on the value of each item ofcollateral sold. In any case, Key will be authorized to deduct itsapproved expenses and commission from the sale proceeds beforedistribution is made to secured creditors.

Key will be in control of the proceeds of the sale and thereforerequires a bond to protect the estate from loss. The Debtor asksthat the Court sets the amount of the bond based on the mostrelevant estimation of the risk to the estate in this context. There is no personally identifiable information in or on the saleassets that requires disclosure under local rule B-6004-4 (5).

The Debtor asks authority to establish bidding procedures proposedthat will allow it to implement the authority granted under theSale Motion. While these bid procedures contemplate a traditionalopen outcry auction, the Debtor and its landlord have agreed thatthe Debtor may continue its going concern business until March 15,2018, at which time the Debtor has agreed to cease its businessoperations. Key will continue to market the Equipment as part of agoing concern until the open outcry auction date of April 9, 2018. If no such buyer is procured by then, the open outcry auction willproceed as described.

The Debtor proposes to serve notice of the Bid Procedures, the SaleMotion, and the hearing on the Sale Motion on all requisite partiesin interest and, subject to the Court granting the Motion, willserve the Bid Procedures on all such parties and on all parties orentities that the Debtor identifies as possibly having an interestin submitting a bid to acquire the Equipment.

The Debtor asks the Court to waive the 14-day waiting period underBankruptcy Rule 6004(h).

A copy of the Auction Agreement attached to the Motion is availablefor free at:

Tow Yard Brewing, LLC, owns and operates a brewery and restaurantin downtown Indianapolis. It commenced a Chapter 11 case in orderto forestall eviction from the premises in which it operates by itslandlord. It has determined after substantial negotiations withits landlord that there is no viable way to continue to occupy thepremises and otherwise cannot continue to operate without suchpremises. BMO Harris Bank is the secured creditor having a blanketlien behind purchase money financiers on the Equipment to secure aclaim of $240,000.

TOWERSTREAM CORP: Lenders Waive Going Concern Covenant------------------------------------------------------Effective February 28, 2018, Towerstream Corporation and itssubsidiaries Hetnets Tower Corporation, Omega CommunicationsCorporation, Alpha Communications Corporation and TowerstreamHouston, Inc. entered into an amended and restated Forbearance toLoan Agreement with Melody Business Finance LLC and the majoritylenders under the loan agreement entered into on October 16, 2014by and among the Company, certain of its subsidiaries, Melody andthe lenders party thereto.

Pursuant to the Amended and Restated Agreement, Melody and themajority lenders waived the Company's requirement under Section6.1(a)(i) of the Loan Agreement to deliver to Melody an auditor'sreport without a "going concern" qualification in connection withthe Company's Annual Report on Form 10-K for the fiscal year endedDecember 31, 2017. The Amended and Restated Agreement amends andrestates the forbearance agreement by and between the Company andMelody originally effective January 26, 2018, and described in theCompany's Current Report on Form 8-K filed on February 1, 2018.

Towerstream reported a net loss attributable to common stockholdersof $22.15 million on $26.89 million of revenues for the year endedDec. 31, 2016, compared to a net loss attributable to commonstockholders of $40.48 million on $27.90 million of revenues forthe year ended Dec. 31, 2015.

As of Sept. 30, 2017, Towerstream had $26.65 million in totalassets, $39.04 million in total liabilities and a totalstockholders' deficit of $12.39 million.

Marcum LLP, in New York, issued a "going concern" qualification onthe consolidated financial statements for the year ended Dec. 31,2016, citing that the Company has incurred significant losses andneeds to raise additional funds to meet its obligations and sustainits operations. These conditions raise substantial doubt about theCompany's ability to continue as a going concern.

a. discuss the Applicant's goals, objectives, and expectationswith respect to the properties in their real estate portfolio;

b. review all information provided by the Applicants,including, but not limited to building specs, lease documents, andrent schedules;

c. analyze each property in the portfolio, including a studyon their subject markets and trade areas to determine market leaserates and property values for each location;

d. provide the Applicants with perspective on market value andmarket rents for each property along with restructuring strategiesto achieve the best outcome. The level of detail of detail andreporting for each site will determined by the Applicants' needs;

e. advise the Applicants throughout the lease resturcturingprocess; and

f. provide the Applicants with such other real estate advisoryservices as may be required in connection with Conflict Matters.

Hourly rates for Frontline are:

Partner $500 Vice President $300 Associate $150

Mitchell P. Khan, CEO of Frontline Real Estate Partners, atteststhat Frontline is a "disinterested person" within the meaning ofSection 101(14) of the Bankruptcy Code and does not hold orrepresent an interest adverse to the Debtor's estate.

Toys "R" Us, Inc., is an American toy and juvenile-productsretailer founded in 1948 and headquartered in Wayne, New Jersey, inthe New York City metropolitan area. Merchandise is sold in 880Toys "R" Us and Babies "R" Us stores in the United States, PuertoRico and Guam, and in more than 780 international stores and morethan 245 licensed stores in 37 countries and jurisdictions. Merchandise is also sold at e-commerce sites including Toysrus.comand Babiesrus.com.

Toys "R" Us, Inc., and certain of its U.S. subsidiaries and itsCanadian subsidiary voluntarily filed for relief under Chapter 11of the Bankruptcy Code (Bankr. E.D. Va. Lead Case No. Case No.17-34665) on Sept. 19, 2017. In addition, the Company's Canadiansubsidiary voluntarily commenced parallel proceedings under theCompanies' Creditors Arrangement Act ("CCAA") in Canada in theOntario Superior Court of Justice. The Company's operationsoutside of the U.S. and Canada, including its 255 licensed storesand joint venture partnership in Asia, which are separate entities,are not part of the Chapter 11 filing and CCAA proceedings.

On Sept. 26, 2017, the U.S. Trustee for Region 4 appointed anofficial committee of unsecured creditors. The Committee retainedKramer Levin Naftalis & Frankel LLP as its legal counsel; WolcottRivers, P.C. as local counsel; FTI Consulting, Inc. as financialadvisor; and Moelis & Company LLC as investment banker.

VALEANT PHARMACEUTICALS: Fitch Rates $1.25BB Senior Notes B-------------------------------------------------------------Fitch Ratings has assigned a 'B-'/'RR4' rating to ValeantPharmaceuticals International's $1.25 billion senior notes (due2026) offering. The net proceeds of this offering, along with cashon hand, are expected to be used to fund the retirement of up to$1.25 billion aggregate principal amount of the outstanding 6.375%senior notes due 2020, 5.375% senior notes due 2020 and 6.750%senior notes due 2021. The ratings apply to approximately $25.75billion of debt outstanding at Dec. 31, 2017. The Rating Outlook isStable.

KEY RATING DRIVERS

Lingering High Leverage: Valeant's balance sheet is highlyleveraged due to past acquisitions funded in part with significantdebt and suboptimal operations management under the leadership ofprior management. The company has made decent progress in reducingthe absolute level of debt outstanding, having paid down more than$6.5 billion in debt since March 31, 2016 with a combination ofinternally generated cash flow and proceeds from assetdivestitures. However, leverage remains high, with gross debt toEBITDA of 7.4x as of Dec. 31, 2017. To date, deleveraging hasdepended upon debt paydown as EBITDA has contracted by $1.69billion since 2015, due to a combination of divestitures executedat relatively favorable multiples, loss of exclusivity on certainproducts and price and volume headwinds in certain businesses.

Product Portfolio Supports Return to Growth in 2019: Valeantoperates with a reasonably diverse business model relative to itsproducts, customers and geographies served. Many of the company'sbusinesses are comprised of defensible product portfolios, whichFitch believes are capable of generating durable margins and cashflows. Expected long-term growth for Valeant's eye health (Bausch +Lomb) and gastrointestinal (GI/Salix) businesses support thecompany's operating prospects, and Fitch believes the dermatologybusiness should return to growth in 2019-2020 upon the launch ofnew products. This supports an expectation for a return to positivegrowth in EBITDA in 2019, which is important to the company'slonger term efforts to repair the balance sheet.

Challenges Remain in Stabilizing Operations: Valeant has madesignificant progress in shoring up its operating profile during thepast six quarters. The company has stabilized its Salix and Bausch+ Lomb businesses, investing in additional sales force for Salixand reducing overall firm operating costs through improvedefficiencies and divestitures. However, the company continues toface operating challenges on various fronts, including price andvolume headwinds in the dermatology business, the loss of patentprotection on some of its branded drugs, and litigation.Nevertheless, Fitch views the company's internal and more narrowedfocus under the new management team as a constructive underpinningto further improving operations.

Reliance on New Products: The stabilization of Valeant's operatingprofile has involved an increased focus on developing an internalresearch and development pipeline, which Fitch believes issupportive of the company's credit profile over the long term.However, it is early days, and the company still faces somechallenges. Specifically, Valeant needs to ramp up the utilizationof recently-approved products. These include Siliq (for thetreatment of moderate-to-severe plaque psoriasis, although withsafety restrictions) and Vyzulta (glaucoma). The successfulapproval and commercialization of Duobrii or IDP-118 (dermatology)and Jemdel or IDP-122 (dermatology) should help to strengthen thecompany's dermatology business. Advancing late-stage pipelineproducts that are focused on eye health and GI is also importantfor Valeant's longer-term growth prospects.

Near-Term Liquidity Exists: Valeant consistently generates positiveFCF and has satisfied most debt maturities until 2020. Thecompany's ability to tap the credit markets for an unsecured notesissue in late 2017 was an important step forward for the prospectsof refinancing shorter dated maturities.

DERIVATION SUMMARY

Valeant, rated 'B-'/Stable, is significantly larger and more diversified than peers Mallinckrodt plc (bb-*/Stable) and EndoInternational plc Endo (bb-*/Negative). While all three manufactureand market specialty pharmaceuticals and have maturingpharmaceutical products, Valeant's Bausch + Lomb (B+L) businessmeaningfully decreases business concentration risk relative toMallinckrodt and Endo. B&L offers operational diversification interms of geographies and payers. Many of its products are purchaseddirectly by customers without the requirement of a prescription.

However, Valeant's lower rating reflects gross debt leverage thatis much higher than peers. The company accumulated a significantamount of debt through numerous acquisitions. Valeant's priormanagement also had some operational issues, including suboptimalresource allocation to select businesses. New management has beenfocusing on reducing leverage by applying operating cash flow anddivestiture proceeds to debt reduction.

Other businesses will be a roughly $470 million headwind to revenues in 2018. The growth of Siliq and potentially Duobrii and Jembdel should help return the dermatology business to growth in 2019-2020.

Valeant had adequate near-term liquidity at Dec. 31, 2017,including cash on hand of $800 million (including $77 million ofrestricted cash) and roughly $1.16 billion availability underrevolving lines of credit of $1.5 billion at Dec. 31, 2017, withavailability reduced by $250 million of revolver borrowings and $94million in letters of credit. Valeant's $1.19 billion revolvermatures in April 2020 and the $310 million revolver matures inApril 2018. The company's refinancing activities have largelysatisfied debt maturities until 2020. At Dec. 31, 2017, Valeant hadroughly $209 million of debt payments in 2018, $2.69 billion ofdebt maturing in 2020, $3.18 billion maturing in 2021 and $19.68billion maturing thereafter. Valeant paid down $200 million of debtdue in 2018 in January of this year, and the current unsecurednotes offering will address a portion of the 2020 and 2021maturities.

Fitch forecasts 2018 FCF of $1.0 billion to $1.2 billion, and therating incorporates an expectation that the company will continueto prioritize use of cash for debt reduction ahead of acquisitionsor share repurchases. Valeant has consistently generatedsignificantly positive FCF during 2015-2017, despite facing seriousoperating challenges. Fitch expects the company to maintainadequate headroom under the debt agreement financial maintenancecovenants during the 2018-2021 forecast period.

The Caa1 rating on the notes reflects the guarantee from ValeantPharmaceuticals International, Inc.

Proceeds of the new 8-year unsecured notes will be used to fund atender offer for certain tranches of unsecured notes due 2020 and2021. The transaction is leverage-neutral, but credit positivebased on a modest extension of Valeant's debt maturity profile.

Ratings assigned:

Valeant Pharmaceuticals International:

$1.25 billion senior unsecured notes due 2026 at Caa1 (LGD4)

RATINGS RATIONALE

Valeant's B3 Corporate Family Rating reflects very high financialleverage with gross debt/EBITDA of about 7.5 times, and significantchallenges in restoring consistent organic growth. Valeant alsofaces considerable uncertainty related to unresolved legal matters.Patent expirations over the next 12 to 18 months will eroderevenue, causing debt/EBITDA to approach 8.0 times in 2018. This ishigher than Moody's expectations incorporated in the B3 rating.However, patent expirations will moderate in 2019, and pipelinelaunches will contribute to revenue growth. Together with steadydebt repayment, this will result in a reduction in debt/EBITDAbelow 7.5 times.

The credit profile is supported by Valeant's good scale with $8billion of revenue, good diversity, high margins, and solid cashflow. Valeant does not face any material debt maturities until2020.

Factors that could lead to an upgrade include restoring credibilitythrough solid performance and underlying growth, reducing debt withfree cash flow, and progress at resolving legal proceedings.Specifically, sustaining debt/EBITDA below 6.0 times could lead toan upgrade.

Factors that could lead to a downgrade include significantreductions in pricing or utilization trends, unfavorabledevelopments in the Xifaxan patent challenge, or escalation oflegal issues or large litigation-related cash outflows.Specifically, sustaining debt/EBITDA above 7.5 times could lead toa downgrade.

"Our 'B' corporate credit rating and stable outlook continues toreflect our expectation that Valeant's debt leverage will remainabove 7x over the next two years, though the company will continueto generate substantial free cash flow (aided by a low tax rate).It also reflects our favorable view of Valeant's substantial scaleand revenue diversity, despite the company's very high exposure topatent losses over the next two years, and our belief that itsproduct pipeline is insufficient to offset revenue and EBITDAdeclines in the next 12 to 18 months. This is only partially offsetby our belief that the company has a very diverse productportfolio, with limited therapeutic concentration and only onedrug, Xifaxan, a treatment for irritable bowel syndrome, accountingfor more than 10% of revenues."

a. advise the Debtor as to its rights, duties and powers as aDebtor in possession;

b. prepare and file the Statements, Schedules, Plans and otherdocuments and pleadings necessary to be filed by the Debtor in thiscase;

c. represent the Debtor at all hearings, meetings ofcreditors, conferences, trials, and other proceedings in this case;and

d. perform such other legal services as may be necessary inconnection with this case.

Forbes Law will charge $325.00 per hour for time spent in Court andfor other time spent by the attorney and $125 per hour for timespent by paralegals of the firm.

Glenn E. Forbes, Esq. attests that he and his law firm aredisinterested persons, as that term is defined in the BankruptcyCode, and do not hold or represent an interest adverse to theestate with respect to the matter on which they are proposed to beemployed.

Victory Solutions LLC is a telecommunications equipment supplier inStrongsville, Ohio. The Company developed the Victory VoIP(Voice-over Internet Protocol) system - a specially equipped phonethat serves as a plug-and-play call center and enables campaigns tocontact more voters and build intelligent databases.

Victory Solutions filed a Chapter 11 petition (Bankr. N.D. OhioCase No. 18-10977) on Feb. 26, 2018. In the petition signed byShannon Burns, managing member, the Debtor estimated $100,000 to$500,000 in total assets and $1 million to $10 million inliabilities. Judge Jessica E. Price Smith presides over the case. Glenn E. Forbes, Esq., at Forbes Law LLC, is the Debtor's counsel.

The firm will provide financial consulting and investment bankingservices in connection with the sale of substantially all of theDebtor's assets.

The trustee plans to hold an auction and sale hearing on March 20.

GlassRatner will receive a book fee of $10,000. The firm willreceive nothing further other than the book fee in the event thereare no overbids and the assets are sold to the stalking horsebidder, Vitargo, Inc.

In the event there are qualified overbids, which the courtdetermines are higher and better than the stalking horse bid,GlassRatner will receive from escrow at the close of such sale thegreater of (i) a commission equal to 5% of the gross sale proceedsor (ii) 10% of the amount by which any overbidder's sale priceexceeds the current offer less any incremental costs associatedwith the overbid.

J. Michael Issa, a principal of GlassRatner, disclosed in a courtfiling that his firm does not hold any interests adverse to thetrustee and the Debtor or any of its creditors.

Vitargo Global Sciences, Inc., was initially formed as VitargoGlobal Sciences, LLC, in June 2013, a follow-along entity of GENr8,Inc., a predecessor business to Vitargo. Conversion from LLC toInc. took place on September 2015. The Company's line of businessincludes manufacturing dry, condensed, and evaporated dairyproducts.

Vitargo Global Sciences, based in Irvine, California, filed aChapter 11 petition (Bankr. C.D. Cal. Case No. 17-10988) on March15, 2017. In the petition signed by CEO Anthony Almada, the Debtorestimated $1 million to $10 million in assets and liabilities.

On April 4, 2017, the Office of the U.S. Trustee appointed anofficial committee of unsecured creditors. The Committee retainedMarshack Hays LLP, as general counsel.

Richard J. Laski has been appointed as the Chapter 11 Trustee. TheTrustee hired Arent Fox LLP, as general bankruptcy andrestructuring counsel.

VRG LIQUIDATING: VonWin Buying Visa/MC Claims for $550K-------------------------------------------------------VRG Liquidating, LLC, and affiliates ask the U.S. Bankruptcy Courtfor the District of Delaware to authorize the bidding procedures inconnection with the sale of any and all Visa/MC Claims it may holdin connection with the putative consolidated class action styled Inre Payment Card Interchange Fee and Merchant Discount AntitrustLitigation, Case No. 1:05-md-01720-JG-JO, and the injuries allegedtherein, including the right to a monetary recovery, to VonWinCapital Management, L.P. for $525,000, subject to overbid.

A hearing on the Motion is set for March 26, 2018 at 2:00 p.m.(ET). The objection deadline is March 16, 2018 at 4:00 p.m. (ET).

The Debtors, in consultation with the Committee, actively solicitedinterest in the Visa/MC Claims. To that end, the Debtors and theCommittee developed a list of approximately 36 potential biddersthat might have an interest in acquiring the Visa/MC Claims. OnSept. 28, 2017, the Debtors contacted the Potential Bidders tosolicit indications of interest in the Visa/MC Claims.

Once the additional documentary support finally had been obtained,the Debtors reengaged with the Stalking Horse Bidder, whopreviously had presented the Debtors with the highest and bestindication of interest. On Feb. 28, 2018, the Debtors and theStalking Horse Bidder entered into the Stalking Horse APA.

The salient terms of the Stalking Horse APA are:

a. Sellers: The Debtors

b. Stalking Horse Bidder: VonWin Capital Management, L.P.

c. Acquired Assets: All of the Debtors' right, title, andinterest (now or in the future) to benefits arising from and/orrelating to the putative consolidated class action entitled In rePayment Card Interchange Fee and Merchant Discount AntitrustLitigation (Case No. 1:05-MD-1720-JG-JO) and the injuries allegedtherein, including the right to a monetary recovery

f. Termination Fee: If the Stalking Horse APA is terminatedpursuant to Section 5.1(b) of the Stalking Horse APA because theDebtors consummate a transaction pursuant to a definitive agreementwith a Successful Bidder other than the Stalking Horse Bidder,then, within three business days after the date such sale isconsummated, the Debtors will pay the Stalking Horse Bidder atermination fee in the amount of $25,000 of immediately availablefunds.

g. Closing and Other Deadlines: The closing of the transactioncontemplated under the Stalking Horse APA will take place withinone business day after the entry of the Sale Order, provided thereis no stay pending appeal.

h. Good Faith Deposit: The Stalking Horse Bidder made a goodfaith deposit in an amount of cash equal to 10% of the PurchasePrice.

b. Minimum Bid: All bids must (i) indicate a purchase price ofat least $550,000 in cash consideration, (ii) remain irrevocableuntil twenty-four (24) hours after the conclusion of the SaleHearing and continue to remain irrevocable if the bid is selectedas the Successful Bid or a back-up bid, and (iii) not provide forany break-up fee, termination fee, expense reimbursement, or anyother type of transaction fee.

c. Deposit: 10% of the proposed purchase price

d. Auction: If the Debtors receive a qualified competing bid,they will conduct the Auction on April 19, 2018 at 1:00 p.m. (ET)by telephone to determine the highest or otherwise best bid for theVisa/MC Claims. Any creditor may telephonically attend theAuction.

e. Bid Increments: $10,000

f. Sale Hearing: April 23, 2018 at 11:00 a.m. (ET)

g. Sale Objection Deadline: Seven days before the SaleHearing

A copy of the Stalking Horse APA and the Bidding Proceduresattached to the Motion is available for free at:

By the Motion, the Debtors ask entry of the Bidding ProceduresOrder (i) approving the Bidding Procedures; (ii) authorizing andapproving the Debtors' entry into the Stalking Horse APA; (iii)approving the form and manner of notice of the Sale of the Visa/MCClaims. They further ask that the Court enters the Sale Order uponthe conclusion of the Sale Hearing, authorizing the Sale of theVisa/MC Claims, free and clear of claims, liens, and otherinterests, to the Successful Bidder, pursuant to the Stalking HorseAPA or an asset purchase agreement entered into with a SuccessfulBidder other than the Stalking Horse Bidder.

The Debtors also ask that the Court waives any applicable stay ofthe Sale Order under Bankruptcy Rule 6004(h) or otherwise.

Headquartered in Meriden, Connecticut, Vestis Retail Group, LLC, etal., operate 144 retail stores, which are located in 15 states. Bob's Stores operates 36 stores throughout New England, New York,and New Jersey. Eastern Mountain Sports operates 61 stores,located primarily in the Northeastern states. Sport Chaletoperates 47 stores throughout California, Arizona, and Nevada. Bob's Stores and EMS primarily operate stores located in theNortheastern states, while Sport Chalet's stores, which arecurrently being liquidated, are located in the Western states. Vestis and its affiliates operated e-commerce sites athttp://www.bobstores.com/, http://www.sportchalet.com/, and http://www.ems.com/

Vestis Retail Group LLC and eight of its affiliates filed Chapter11 bankruptcy petitions (Bankr. D. Del. Lead Case No. 16-10971) onApril 18, 2016. The Debtors estimated assets of up to $50,000 anddebt of $100 million to $500 million. The petitions were signed byThomas A. Kennedy, their secretary.

An official committee of unsecured creditors has been appointed inthe cases. The Committee has tapped Cooley LLP as its lead counseland Polsinelli as conflicts counsel. Zolfo Cooper, LLC, serves asits bankruptcy consultant and financial advisor.

* * *

In April 2016, Vestis Retail Group LLC successfully restructuredand recapitalized Eastern Mountain Sports and Bob's Stores througha section 363 sale to an affiliate of Versa Capital Management LLC,the Debtors' lender, in exchange for the satisfaction of some debt,a $3 million cash contribution to the estate and the assumption ofsome liabilities. The Company's remaining retailer, Sport Chalet,was concurrently divested through an organized wind down.

The firm will advise the Debtors regarding their duties under theBankruptcy Code; conduct examination; represent the Debtors withrespect to a Chapter 11 plan; and provide other legal servicesrelated to their bankruptcy cases.

In the petitions signed by Thomas Roberts, manager, WC PrimeInvestors disclosed $4.31 million in assets and $4.43 million inliabilities; and Worthington Georgia disclosed $4.85 million inassets and $4.93 million in liabilities.

Judge Lisa Ritchey Craig presides over the cases.

WEATHERFORD INTERNATIONAL: Names New VP Chief Accounting Officer----------------------------------------------------------------Weatherford International plc has appointed Stuart Fraser as chiefaccounting officer and corporate controller effective April 15,2018. Mr. Fraser, 50, joined the Company in March 2015 as vicepresident and corporate controller. In April 2016 he assumed therole of vice president of finance and purchasing, sourcing andlogistics for global operations. Prior to joining the Company, Mr.Fraser held a number of positions with increasing responsibility inthe areas of finance, accounting and corporate tax withSchlumberger Limited and its affiliates, beginning in 1996. Mr.Fraser is a chartered accountant with 20 years of financialexperience in the oilfield service industry and holds a Bachelorsof Business degree in accounting from Edith Cowan University inPerth, Australia.

Mr. Fraser's annual base salary is $425,000 and Mr. Fraser will beeligible to participate in the Company's Executive Non-EquityIncentive Compensation Plan with a target bonus of 75% of hisannual base salary.

The Company and one of its primary subsidiaries will enter intocustomary officer indemnification agreements (deeds of indemnity)with Mr. Fraser. The Company will also enter into its standardChange in Control Agreement with Mr. Fraser that has a term of twoyears, automatically renewing, and with severance payment based ona multiple of two.

Effective April 15, 2018, Douglas M. Mills, vice president andchief accounting officer will be departing the Company. Prior tohis departure, Mr. Mills will assist with the transition of hisduties to Mr. Fraser. In connection with his departure, Mr. Millswill receive the benefits set forth in his Executive EmploymentAgreement.

The Company said that Mr. Mills' departure is not the result of anyissue or concern with the Company's accounting, financial reportingor internal control over financial reporting.

About Weatherford

Weatherford International plc (NYSE: WFT), an Irish public limitedcompany and Swiss tax resident -- http://www.weatherford.com/-- is a multinational oilfield service company. Weatherford providesequipment and services used in the drilling, evaluation,completion, production and intervention of oil and natural gaswells. The Company operates in over 90 countries and has a networkof approximately 800 locations, including manufacturing, service,research and development, and training facilities and employsapproximately 29,200 people.

Weatherford reported a net loss attributable to the Company of$2.81 billion in 2017, a net loss attributable to the Company of$3.39 billion in 2016, and a net loss attributable to the Companyof $1.98 billion in 2015. As of Dec. 31, 2017, Weatherford had$9.74 billion in total assets, $10.31 billion in total liabilitiesand a total shareholders' deficiency of $571 million.

* * *

As reported by the TCR on Nov. 20, 2017, Fitch Ratings affirmedWeatherford and its subsidiaries' Long-Term Issuer Default Ratings(IDR) and senior unsecured ratings at 'CCC'. WFT's 'CCC' ratingreflects exposure to the oilfield services sector and a stressedbalance sheet. Fitch expects an extended down-cycle and delayedrecovery from Fitch initial sector recovery expectations due to lowto range-bound oil and gas prices.

S&P said, "At the same time, we raised our issue-level rating onWelbilt's senior secured credit facilities, which consist of a $225million senior secured revolving credit facility due in 2021 and an$825 million senior secured term loan due in 2023, to 'BB-' from'B+'. The '3' recovery rating indicates our expectation ofmeaningful (50%-70%; rounded estimate: 55%) recovery in the eventof a payment default.

"Additionally, we raised our issue-level rating on WBT's $425million senior notes due in 2024 to 'B+' from 'B'. The '5' recoveryrating indicates our expectation of modest (10%-30%; roundedestimate: 15%) recovery in the event of a payment default.

"The upgrade reflects our expectation that the company willcontinue to reduce leverage toward the low- to mid-4x range overthe next 12-18 months. We expect increasing North American salesand benefits from previous restructuring initiatives will helpoffset sluggish demand in Europe, the Middle East, and Africa(EMEA) and moderating growth in Asia-Pacific (APAC) followingrobust new build and refresh activity in the regions in 2017.Operating performance in 2017 was largely in line with ourexpectations, as soft demand from U.S. foodservice companies offsetrefresh and buildout activity in APAC and European markets, leadingto relatively flat revenues. Despite the relatively soft demandenvironment during the year, WBT increased S&P GlobalRatings-adjusted EBITDA margins above 19% in 2017 throughsignificant rationalization and restructuring activities aimed atproduct and footprint optimization. The company also prepaid about$50 million of debt via internally generated funds and successfullyrepriced its term loan, which will save approximately $16.5 millionper year in interest expense.

"The stable outlook reflects our expectation that WBT will continueto gradually reduce leverage to around 4x over the next 12-18months through modest volume increases, an increasing percentage ofsales from higher-margin equipment and solutions (primarily inNorth America), and continued benefits from recent restructuringinitiatives.

"We could lower our ratings on Welbilt if significant decline inglobal foodservice demand caused operating performance to weaken tothe point that leverage increased meaningfully above 5x on asustained basis. We could also lower the rating if the companypursues significant acquisitions beyond what we currently expect orshareholder returns that result in leverage sustained above 5x.

"We could raise our ratings on Welbilt if we expect the company tomaintain leverage metrics below 4x and adequate headroom under itscovenants. We would also expect the company to adhere to afinancial policy, including decisions around potential futureacquisitions and shareholder returns, that support its improvedcredit measures."

WILLIDPEWS BBQ: Seeks Access to Cache Valley Bank Cash Collateral-----------------------------------------------------------------Willidpews BBQ Emporium, Inc., seeks authorization from the U.S.Bankruptcy Court for the District of Nevada to use the cashcollateral of Cache Valley Bank.

The Debtor intends to use the cash collateral for ordinaryoperating expenses, in accordance with the budget. The Debtorestimates that it will have average monthly operating expenses ofapproximately $54,540.

In addition, the Debtor is willing and able to make the regularcontractual monthly payment of $1,690 as a form of additionalmonthly adequate protection payments to Cache Valley Bank.Likewise, the Debtor will maintain adequate insurance on all of itsreal and personal property and provide proof of coverage at anytime upon request of Cache Valley Bank.

WOODBRIDGE GROUP: Taps Klee, Tuchin, Bogdanoff & Stern as Counsel-----------------------------------------------------------------Woodbridge Group of Companies, LLC and its affiliated debtors seekauthority from the United States Bankruptcy Court for the Districtof Delaware to hire Klee, Tuchin, Bogdanoff & Stern LLP as counselfor the Debtors nunc pro tunc to February 14, 2018.

In accordance with the Joint Resolution, the New Board selectedKTB&S to assume the role of the Debtors' bankruptcy counsel fromthe Debtors’ former bankruptcy counsel, Gibson, Dunn & CrutcherLLP.

Services to be provided by KTB&S are:

(a) advise the Debtors with respect to their rights, duties,and powers in these Cases as debtors and debtors in possession inthe continued management and operation of their businesses andproperties;

(b) attend meetings and negotiating with representatives ofcreditors and other parties-in-interest and advising and consult onthe conduct of these Cases, including all of the legal andadministrative requirements of operating in chapter 11;

(c) advise and assist the Debtors with respect to actions toprotect, preserve, and enhance the Debtors’ estates, includingthe prosecution of actions on their behalf, the defense of actionscommenced against their estates, negotiations concerning litigationin which the Debtors may be involved, and objections to claimsfiled against their estates;

(d) prepare, on behalf of the Debtors, motions, applications,answers, orders, reports, and papers necessary to theadministration of their estates;

(e) negotiate and prepare, on the Debtors’ behalf, chapter11 plan(s), disclosure statement(s), and all related agreementsand/or documents, and taking appropriate action on behalf of theDebtors to obtain confirmation of such plan(s);

(f) advise the Debtors in connection with the sale of anyassets;

(g) appear before this Court, any appellate courts on mattersoriginating before this Court, and the U.S. Trustee; and

(h) perform other necessary and appropriate legal services,within the scope of KTB&S's practice, for the Debtors in connectionwith their Cases.

Kenneth N. Klee, partner in the law firm of Klee, Tuchin, Bogdanoff& Stern LLP, attests that KTB&S is a "disinterested person" withinthe meaning of Bankruptcy Code section 101(14), as modified byBankruptcy Code section 1107(b), and does not hold or represent anyinterest adverse to the Debtors' estates.

KTB&S has agreed to cap its legal fees for the Cases at a blendedrate of $850 per hour for attorneys and to apply a fee reduction ofup to $250,000 of legal fees in transitioning from Gibson toKTB&S.

-- KTB&S has agreed to cap its legal fees for the Cases at ablended rate of $850 per hour for attorneys and to apply a feereduction of up to $250,000 of legal fees in transitioning fromGibson to KTB&S;

-- none of the professionals included in the engagement varytheir rate based on the geographic location of the bankruptcycase;

-- KTB&S has not represented the Debtors 12 monthsprepetition; and

-- The Debtors, KTB&S, and Young Conaway expect to develop aprospective budget and staffing plan.

Headquartered in Sherman Oaks, California, The Woodbridge GroupEnterprise -- http://www.woodbridgecompanies.com/-- is a comprehensive real estate finance and development company. Itsprincipal business is buying, improving, and selling high-endluxury homes. The Woodbridge Group Enterprise also owns andoperates full-service real estate brokerages, a private investmentcompany, and real estate lending operations. The Woodbridge GroupEnterprise and its management team have been in the business ofproviding a variety of financial products for more than 35 years,and have been primarily focused on the luxury home business for thepast five years. Since its inception, the Woodbridge GroupEnterprise has completed more than $1 billion in financialtransactions. These transactions involve real estate, note buyingand selling, hard money lending, and alternative financialtransactions involving thousands of investors.

Woodbridge Group of Companies and certain of its affiliates filedChapter 11 bankruptcy petitions (Bankr. D. Del. Lead Case No.17-12560) on Dec. 4, 2017. Woodbridge estimated assets andliabilities at between $500 million and $1 billion. The Chapter 11cases are being jointly administered.

An official committee of unsecured creditors was appointed in theChapter 11 cases on Dec. 14, 2017. On Jan. 23, 2018, the Courtapproved a settlement providing for the formation of an ad hocnoteholder group and an ad hoc unitholder group.

WOOTON GROUP: Taps Leslie Cohen as Legal Counsel------------------------------------------------Wooton Group, LLC, seeks approval from the U.S. Bankruptcy Courtfor the Central District of California to hire Leslie Cohen Law,PC, as its legal counsel.

The firm will advise the Debtor regarding its duties under theBankruptcy Code; assist in the preparation of a plan ofreorganization; and provide other legal services related to itsChapter 11 case.

In this role, Ms. Mercer works closely with internal corporateteams and company advisors to create strategies that effectivelycommunicate about business transactions. Her arrival also marks anexpansion of Donlin Recano's services to include strategiccommunications, in response to growing client needs.

A communications expert with more than 20 years of industryexperience, Ms. Mercer has a proven track record of promotingbrands and protecting reputations. Specializing in transactionalcommunications, she is knowledgeable in the many facets of crisisand corporate communications, employee and financial/investorcommunications, media relations and program development. Herexperience spans a diverse range of sectors, including financialservices, energy, homebuilding, retail, media, non-profit,pharmaceuticals, professional services, restaurant, retail andtechnology.

"In coming to Donlin Recano, I am able to apply the knowledge andskills I have developed over the past two decades to help even morecompanies navigate complex communication issues and representthemselves in the best light," said Ms. Mercer. "AST as a whole isdoing wonderful work in helping companies succeed throughout theentire corporate lifecycle, and I am thrilled to be a part of it."

Prior to joining Donlin Recano, Ms. Mercer launched and led theStrategic Communications group at Epiq. Her experience alsoincludes developing and managing critical communications programsfor clients at some of the world's leading public relations firms,including Sitrick & Company, Hill & Knowlton andMWW Group.

Ms. Mercer's other past experience includes managing publicrelations for the CEO of Hitatchi Data Systems, where she droveexecutive visibility, both internally and externally, through amulti-faceted communications program that generated extensive mediainterest and news coverage. Ms. Mercer's operating experience alsoincludes serving as Director of Communications of a leadinginformation management and professional services firm, where shewas a member of the executive team and established the company'sinvestor relations practice.

Ms. Mercer sits on the board of the Turnaround ManagementAssociation's (TMA) Southern California Chapter as CommunicationsChair. She is an active member of the American BankruptcyInstitute (ABI), the Association for Corporate Growth (ACG) and thePublic Relations Society of America (PRSA). She is also apublished author and frequent speaker.

AST was originally founded as a transfer agent over 45 years ago. Through organic growth and strategic acquisitions, AST haspioneered a new model of integrated ownership services andfinancial technology in the industry. AST affiliates now includeAST Trust Company (Canada), D.F. King & Co, Inc. and Donlin, Recano& Company, Inc.

Monday's edition of the TCR delivers a list of indicative pricesfor bond issues that reportedly trade well below par. Prices areobtained by TCR editors from a variety of outside sources duringthe prior week we think are reliable. Those sources may not,however, be complete or accurate. The Monday Bond Pricing tableis compiled on the Friday prior to publication. Prices reportedare not intended to reflect actual trades. Prices for actualtrades are probably different. Our objective is to shareinformation, not make markets in publicly traded securities.Nothing in the TCR constitutes an offer or solicitation to buy orsell any security of any kind. It is likely that some entityaffiliated with a TCR editor holds some position in the issuerspublic debt and equity securities about which we report.

Each Tuesday edition of the TCR contains a list of companies withinsolvent balance sheets whose shares trade higher than $3 pershare in public markets. At first glance, this list may look likethe definitive compilation of stocks that are ideal to sell short.Don't be fooled. Assets, for example, reported at historical costnet of depreciation may understate the true value of a firm'sassets. A company may establish reserves on its balance sheet forliabilities that may never materialize. The prices at whichequity securities trade in public market are determined by morethan a balance sheet solvency test.

On Thursdays, the TCR delivers a list of recently filedChapter 11 cases involving less than $1,000,000 in assets andliabilities delivered to nation's bankruptcy courts. The listincludes links to freely downloadable images of these small-dollarpetitions in Acrobat PDF format.

Each Friday's edition of the TCR includes a review about a book ofinterest to troubled company professionals. All titles areavailable at your local bookstore or through Amazon.com. Go tohttp://www.bankrupt.com/books/to order any title today.

Monthly Operating Reports are summarized in every Saturday editionof the TCR.

The Sunday TCR delivers securitization rating news from the weekthen-ending.

TCR subscribers have free access to our on-line news archive.Point your Web browser to http://TCRresources.bankrupt.com/and use the e-mail address to which your TCR is delivered to login.

This material is copyrighted and any commercial use, resale orpublication in any form (including e-mail forwarding, electronicre-mailing and photocopying) is strictly prohibited without priorwritten permission of the publishers. Information containedherein is obtained from sources believed to be reliable, but isnot guaranteed.

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